QUALCOMM Incorporated
Long
Updated

QCOM prepare to short, When back into Supply Zone

516
Price breakout, and Short when it comes back to Supply Zone

Supply Zone breakout -- not sure it is true or false
Short when it comes back to Supply Zone
RSI Divergence

Stop order to Short: 124
Stop 127
Target 116; reward:risk=3:1
Target 109; reward:risk=5:1

I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Trade active
Option trade this morning, when it dropped back into supply zone.
BuytoOpen Nov P120/110/100, limit 1.7; 40 days left
Stop above 127.
Trade closed: stop reached
closed limit 1.02, small loss.

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