QCOM trade ideas
QCOM (Long)Still long today we got losses but...
i guess 5G is QCOM and lot of profits for QCOM are to come as well gubernamental contracts. just my guess do your investigation, on technical side look nice to buy, i mean good momentum, for sure maybe tomorrow it still goes down and is a even a better momentum not sure but now it ´s not bad
decisions are at your own risk get advise from professional (take this seriously, please)
Good Luck
Charlie
$QCOM - Qualcomm Inc Bounce Back - Volume
Despite a questionable downgrade and negative commentary the selloff in the stock has been very limited.
Today we seen a dip down to the 21ema and a strong reversal, buyers were happy to step in.
The stock is a laggard and still down 20% from its highs.
Alert set above the 8ema for a scale in entry with the dead cat bounce as strong resistance.
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QCOM Qualcomm I guess it could be a good momentum, for the stock, from where we are $137.5 to the upper green line on my chart, approximately $143 or $144, i personally expect in mid term $170 but as you must know technical análisis can help to manage risk, and make a decision, but can ‘t not predict probability, or certainty
Happy trading
Good luck
Charlie
QCOM possible bullish!QCOM
chart setup on QCOM looking nice on 1hr chart,
base on technical patterns QCOM did a nice bounce double bottom
and ready for the breakout if the market continues to rally.
daily chart is bearish but just above the ema lines i need to see it break 142-144 to continue its up side.
buy above 141.21 and take profit at 141.84+
short 139.41 take profits at 138.24 or below.
QCOMWith a
Great ¨in the sector ¨ P/E ratio: 23x
Bad PEG 9x (strange here...)
bad PB radio 21.6x (the debt weight on this ratio, i guess...)
Future Growth 2.6%, (here who really knows ???)
now: that ´s what i like a lot apart the P/E
ROE (return on equity) 91.2 %
ROA Return on Asset 19.0 % (industry average 7.5 %) that mean how well the spending in assets is rentable for the company (that choke to me against the bad PEG number)
ROCE Return on capital employed 27.3 % (this means management is far better than the rest of it ´s peers, industry average 9 % )
Overvalued yes ( but less than it ´s peer in EEUU industry) i guess due it ´s debt, a debt which in the counterpart is well managed, the free Cash Flow is enough to cover the nice dividend this company paid to shareholder 2%, as well interest and debt due to it ´s earnings which last year 2020 reached a 53 % of growth over 2019, (seems the debt is an inversion for the future) Mr Steve is the CEO who recently is helping Boeing as well
Anyway i ´m not a professional
Get advice from professionals about the numbers, to me it looks as i mention in parenthesis
to said
I ´m more Bullish than JP Morgan Analyst
i bet for a $ 200/210 share in mid long term let ´s see how far it goes t ´ll half past May month
as i said i ´m not a professional, maybe i ´m saying stupids things either the numbers comes from good and different sources (you have to make your own though)
i ´m long on this one. (because of the future, elites seems to have planned for us) which could be good or bad, anyway i ´m always optimist about the future of humanity
Good luck
Charlie.
QCOM QUALCOMM INC (to the moon)It is a great stock which has just pick up the rally in the upper Bollinger band two great days since i publish about QCOM
target is around $171 from institutional analyst.
Why not to believe them and jump to the Wave? :-)
this is a patriotic stock (no joking)
Vanguard Group
Blackrock
are the biggest institutional owners of QCOM. with 16% of the shares aproximettly
The company as a big debt, but as great profit and enough free cash flow to pay the interest, the debt, the 2% dividend and still getting profits.
A bit overvalued, that ´s sure, but the growth is big, since last year 53% for 2021 there is an estimate of 2%, but not sure about cause that is the one of biggest technology EEUU stocks.
My data come from different sources, do your own research, i do not own a cristal ball :-) but i like the chart and the company.
Happy Trading,
Charlie
Qualcomm long playDid a double which u can see I outlined in green. Past couple of days was the "Free lunch" or sideways play. Look for the next leg up if it crosses 140 which acts as double resistance with the 50ma intersecting with the 140 fib.. if it crosses 140 look for 145 as next Target
50 ma(purple line)
100ma (blue line)
Qualcomm TAQCOM looks pretty bearish according the TA. Stochastic bearish cross + super high overbought. Fractals seem bearish, MACD is about to bearish cross (2H MACD have already crossed) I would wait a bit more to the MACD to cross for more probabilities. So if everything will play correctly I believe that we’re going down to $133.14
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
Add QualcommYesterday I added QualComm NASDAQ:QCOM to my portfolio.
I have several reasons for this:
1) technical picture looks bullish to me. First QCOM successfully tested the 38% Fibonacci retracement level on March 8th. Second, this happened simultaneously with a test of the 200 day MA. Third, on March 25th it set a higher bottom, after again testing the 200 day MA. And finally, yesterday it broke out upwards out of this consolidation pattern.
First resistance seems to be the gap formed on Feb 4th, around the price level of 150-152.
2) QCOM is also attractive on the fundamental side with a forward P/E of 18 (EPS: 7.35). The company should be able to profit from the strong demand in semiconductors in general and the adoption of 5G.
I'm looking for a 20%+ return on this investment within a timeframe of 6 months.
QCOM QUALCOM (to the moon)This is a sleeping giant who just weak up today.
to me no doubt up to $170 in short mid term
Opinion based on my studies.
It is not an advice, Invest at your own risk, better look for profesional help.
As you see in the graph i already predicted in JAN the correction but now it ´s over.
Good Luck to all
Charlie.