QCOMD trade ideas
QCOM entry 79After a stellar earnings report a week or two ago, I am extending my Qualcomm trend line and looking to buy the dip to the trend line around $79 per share tomorrow.
QCOM SHORT LEGAL PROBLEMS IN HONG KONGQCOM IS FILING AN APPEAL AFTER BEING FOUND GUILTY IN HONG KONG OF UNFAIR BUSINESS PRACTICES!
QCOM looking for second supportQCOM failed to find support on ER gap
Now looking for secondary support on 100EMA
QCOM is making higher highs and higher lows in current up channel
Watch for support around 100EMA and strong bottom
QCOM- Possible retestAt 79-80. Negative MACD restrengthened on 4 hr and daily.
Daily MFI at lowest since April, while Accumulation at lowest since September.
Bull case: Recent gaps are filled, MFI getting close to oversold, RSI on its way towards oversold.
Bear case: Retest to 79-80 entirely possible with restrengthening of negative MACD on higher tf. 3 day and weekly MACD looking to possibly go red in the next week or 2.
Waiting on more candles to see if a pattern emerges on that down trend in black.
Not advice. DYOR.
Allow for consolidation and build position into the next earningAllow for consolidation and build position into the next earning
QCOM - DAILY CHARTHi, today we are going to talk about QCOM and its current landscape.
We can observe at this timeframe, a confluence of technical factors, that entail a setup which might drive this asset to a new movement. The details of our analysis are highlighted in the chart above.
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QCOM supported on ER gapLooks like QCOM has found support on the ER gap and is set to consolidate here for a few days
Still early to get in but keep your eyes on it
Target for .5 fib retrace
Could see a nice, short bounce off the the centerline on QCOMHourly oversold conditions with bullish MACD divergence, could see a nice bounce tomorrow or after, but overall I think QCOM will go to mid LOW 80s.
Watching very closeStopped at gap fill today, tomorrow might be a small candle, doji or hammer. Will wait and then trade into next week
QCOM look for opportunity to long at 81Looking for opportunity to long at $81, heading towards $107 into 2020
Let's get crazy bullish on QCOMLooking for yield and growth, i don't see anything better than QCOM right now. I'm seeing a 20 year phase 2 hyperwave, we could possibly be in phase 3 right now. Once the yellow overhead resistance is broken on a monthly candle i feel good about confirming the phase 3 line.
QCOM Asymmetrical TriangleQCOM is developing an Asymmetrical Triangle on the intermediate-term trend. The stock still faces previous yearly high‘s resistance.
QCOM ; Weekly Ascending Triangle formingTriangle forming over past 5 months with a potential breakout above 80.
QCOM in the strong Semiconductor sector.
$QCOM Trend-break imminent in Qualcomm. Bullish.Entry level $81 = Target price $89 = Stop loss $78.50
Indicators bullish.
Stock in congestion reaching the apex.
Sentiment has turned on China truce.
Average analysts price target $83.26 | Overweight
P/E ratio 27 (quite high)
Company profile
QUALCOMM, Inc. engages in the development, design, and provision of digital telecommunications products and services. It operates through the following segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on technologies for the use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses and provides rights to use portions of the firm's intellectual property portfolio. The QSI segment focuses on opening new or expanding opportunities for its technologies and supporting the design and introduction of new products and services for voice and data communications. The company was founded by Franklin P. Antonio, Adelia A. Coffman, Andrew Cohen, Klein Gilhousen, Irwin Mark Jacobs, Andrew J. Viterbi, and Harvey P. White in July 1985 and is headquartered in San Diego, CA.
QCOM - DAY TRADE Hi, today we are going to talk about QCOM and in a Day Trade opportunity.
We observe a 15m chart, some important points such as supports and resistances (and levels of strength) to the Day Trade. The details are highlighted above.
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Disclaimer: All content of Golden Dragon has only educational and informational purposes, and never should use it as financial advice
Qualcomm Harmonic trade ideasThere are a couple potential harmonics playing out on Qualcomm. The green pattern pictured is a bullish Cypher, with an entry just below $70. If one were to play this conservatively, taking a stop loss at the lower A leg, there will still be a 3.29 reward/risk ratio if a stop is placed below X.
If the price rises to above $84, we'll be in the pattern completion zone for a bearish Gartley, which presents a potentially profitable shorting opportunity. The reward/risk ratio of a short at this level would be 2.99, if played conservatively by taking profit at the higher C leg.
