QCOM trade ideas
QUALCOMM INC (QCOM), How Support/Resistance Zones works...Just check how the Support/Resistance Zones works and how many times the price bounced from it.
We can make our predictions using such strong zones and trade it properly and safely.
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QCOM 5GWith 5G release imminent, Qualcomm aims to be one of the biggest exporters of this service, behind Huawei. This bullish fundamental analysis is also based on present chart patterns including a bull flag on the daily chart, a clear parabolic uptrend, a LARGE bump and run, a bullish MACD, and a possible break above the mirror top level that was provided by the previous massive bull run. Will QCOM soar?
Long Idea12/Dec/2019 10:18 AM AUTHOR: Brandon Gum
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QCOM is a harder stock to trade.
Only 1.8 RR here for the time being.
Better opps out there IMO
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$QCOM Trade setup in QualcommEntry level $87.60 with upside target at $99.39 on a breakout.
MACd and histogram very bullish.
RSI in bullish reversal.
7&12ma crossing imminent
QCOM Gap Fill ReversalQCOM previously gapped up and then retraced back down to completely close the gap. It has now broke that resistance of where the previous gap started in the daily chart. I expect QCOM to continue to push up to where it gapped up to in the first place around the 90 level. Got into this stock at $86
Hammer emerging on weekly chart, bullish reversalHammer doji emerging on weekly chart after piercing bottom trendline simply showing bullish reversal signal.
$QCOM 9ema dailyNeed QCOm above 9ema on the daily before I enter a bullish position. Watch for it here.
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
