QUALCOMM Incorporated

Short

QCOM Head and Shoulders Short

Updated

Watch for H&S to play out and confirm on the 1 hour before taking a short position.

Note

neckline broken

Trade active

Entry @ 57.52

Note

We are now in the center of the daily volume profile node (55.18) this will provide us with the first area of support and could be a good place to close the short.

Note

We have a second opportunity to close the short near the center of the daily volume profile node (55.29). Not closing.

Note

This short is now deep underwater, no stop loss set, will monitor.

Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.