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QCOM

AMD will not disappoint, 93.75 TGTAs I previously mentioned on my SQ analysis, Semis have been hit hard regardless of great earnings. With semis currently oversold, I see semis run up for the next two weeks along with the likes of AMAT, TSM, QCOM, NVDA, ON, and IIVI. AMD beat earnings and has been taking INTC customers for the past 2 years. INTC is in panic mode trying to regain back their market share. AMD server/pc chips are faster and much reliable and cheaper. Semi shortages is an issue but with current earnings handily beat expectations, I don't see this as an issue moving forward as demand outweighs shortages. See EBAY, StockX, and FB markets for GPUs and CPUs. People still buy them at over 200% retail. China, Taiwan, US coming out of Covid pandemic, ramps up chip production in Q2. A bullish Doji on Friday with good volume. Shorts will get squeezed out at 83.52.
NASDAQ:AMD
by CTRLZEEE
1
Qualcomm (QCOM)Qualcomm Inc. For those unfamiliar with Qualcomm: leading company in the production of chipsets for the best Android smartphones in circulation. Also active in the development of 5G, artificial intelligence, modems, and wifi antennas. I entered long on this company with undoubted growth potential, after the rather violent pullback in February, where the price has discounted well 25.89%! Technical Analysis: With Thursday's close above the 137.27 level, QCOM nearly closed its November GAP. Very important strength index. The uptrend is accompanied by good volumes, considering that the stock is unlikely to trade more than 20 million shares per day. Also considering the volumetric analysis, here are my targets: 1st target: 147 $ 2nd target: 152 $ 3rd target: 160 $ Lazy Bull
NASDAQ:QCOMLong
by LazyBull5
4