$QCOM Breakout and Pullback
Updated
I liked how 
QCOM broke out from it's down trend line over a week ago. I was waiting for it to hold and pullback then resume it's up trend. It did that today. I've opened a 1/2 position today at $91.42 with a tight stop loss of $89. I'll be looking to add to the position if it continues it's up trend. I my exit this trade prior to earnings depending on how much cushion I have. Earnings on Jan 29. Ideas, not investing / trading advice.
QCOM broke out from it's down trend line over a week ago. I was waiting for it to hold and pullback then resume it's up trend. It did that today. I've opened a 1/2 position today at $91.42 with a tight stop loss of $89. I'll be looking to add to the position if it continues it's up trend. I my exit this trade prior to earnings depending on how much cushion I have. Earnings on Jan 29. Ideas, not investing / trading advice.Trade active
Trade closed: stop reached
on 01/24 I was stopped out of this trade. Sorry I didn't post earlier. But, my stop was clearly indicated above. This chart needs some work to set-up again.
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I may or may not take any trade published and I am under no obligation to post any action or update to any idea.
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