$QCOM with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $QCOM after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 50%.
QCOM trade ideas
Shorting $QCOM QUALCOMMI will be shorting QUALCOMM to the range of $90, after that will be going long to the target of $140 and will be exiting it.
Watchlist for week 5/2 - 5/6$QCOM $TWTR $DWAC $UBER watchlist for week 5/2 - 5/6:
$QCOM Calls > 142 | Puts < 130
$TWTR Calls > 49.5 | Puts < 48.6
$DWAC Calls > 54 | Puts < 50.5
$UBER Calls > 32 | Puts < 30
QCOM as buy in 2022 hard times?QCOM as buy in 2022 hard times?
Buy is based on technical - Supply and Demand Zone theory.
Price is currently inside discounted Demand Zone, zone is bigger so we can wait for LTF confirmation in form of bullish break of structure or make refinement of major POI on lower tf's OR just buy and be patient ;)
QCOM Holding Strong Support filled the gap; great support and could bounce from here, earning on 27th April
$QCOM D$QCOM on the daily could be very interesting. The setup and everything looks very nice heading into earnings. This should be on everyone's watch
Pullback to Enter for Long PositionRecent news from Chase pulls down this stock on Friday. It might retest the $140 level and could be a great entry for the long term.
$QCOM - Trendline bounceQCOM revisited long term trendline around $142.60 and bounced.
Target 1 - $157
Target 2 - $165
Target 3 - $176
Stop - $139
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines show support and resistance areas.
- Fib lines also show support and resistance areas.
- The dotted white lines show the price projection for breakout or breakdown target.
Disclaimer: Not investment advice.
QCOMIt has crossed the shaded area as shown on the chart. The targets are from it, we enter a correction to its maximum limits. It is clear on the chart, including a bullish wave. The analysis cancels when the third area is broken by closing a 3-hour candle below it or closing above the third target, an hourly candle.
QCOM | Qualcomm Incorporated | The Bulls Area Back In QCOMQualcomm is an American multinational corporation.
It creates semiconductors, software, and services related to wireless technology.
It owns patents critical to the 5G, CDMA2000, TD-SCDMA, and WCDMA mobile communications standards.
Over the years, Qualcomm has expanded into selling semiconductor products in a predominantly fabless manufacturing model.
It also developed semiconductor components or software for vehicles, watches, laptops, wi-fi, smartphones, and other devices.
Technical Analysis:
The price created a "Descending Channel" pattern and now we can see a clear
the reaction that it is trying to move up again.
Considering that all the indexes are also recovering and on the other hand FED is
making the impossible to push economic growth, QCOM can reach the targets on the chart
very soon.
Thank you and Good Luck!
QCOM Trade Idea Hi Traders,
Here's a long opportunity on QCOM, entry with stop buy order, everything is mentioned in the chart.
NFA, DYOR.
Good luck.
QCOM Timeframe: Medium Term, Technical: Bullish <$167.62#QCOM (Exited: Trendline, Entered: Bullish)
#Daily
#Technical Analysis
#crevixtrader
Pull Back FishingSeems like we are having 2 sunny market days in a row. SPY, QQQ and DIA are still under the 50 and the 200 daily SMA.
QCOM appears to have broken up from a cup and handle then fell from a rectangle top and has hit down targets.
Gap filled so possible support at bottom of gap. Low after fall from rectangle is 139.05 and possible stop below here or under 144. Resistance possible at top of that gap until broken. Price is at top of the gap today as I write this.
This market is strange, to say the least so be safe. Almost every stock has resistance overhead this go around, if in fact the market is truly turning up for a change.
Earnings 4-29
EPS (FWD)
11.85
PE (FWD)
12.17
Div Rate (FWD)
$3.00
Yield (FWD)
2.08%
Short Interest
1.24%
Market Cap
$159.23B
Volume
3,903,008
Qualcomm | QCOM | Short to Gap FillQualcomm ( NASDAQ:QCOM ). While I believe semiconductors will be the hot tickers again in the near future, Qualcomm needs to close the gap between $138.55 and $147.88. The upcoming Federal Reserve meeting and OpEx may serve as catalysts for this move. While it could rise to test resistance in the low- to mid-$160s to trap the bulls, I expect it to show more weakness ahead. Closing the gap below will be great for the bulls (like myself) in the long-run.
If it breaks resistance, thesis is broken.
QCOM exposure to ChinaThe U.S. warning China it could face devastating sanctions if it defies the ban on doing business with Russia!
This is a move that could have huge impact on American companies.
67% of QCOM Qualcomm revenue comes from China.
My price targets from QCOM are $126 and $92.
Looking forward to read your opinion about this.
Qualcomm recovering. QCOMGoals 1.41, 1.16. Invalidation at 2.54 .
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
$QCOM with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $QCOM after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 62.5%.
QCOM: More Room for Downside? Qualcomm - Short Term - We look to Sell at 158.32 (stop at 164.45)
Preferred trade is to sell into rallies. Previous support level of 160.00 broken. Short term RSI is moving lower. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 160.00, resulting in improved risk/reward.
Our profit targets will be 138.25 and 124.50
Resistance: 160.00 / 175.00 / 190.00
Support: 150.00 / 140.00 / 120.00
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QCOM on the way down????My updated chart analysis of QCOM...I do have a short position in this stock with 10 Apr22 $170 puts & selling 20 Apr22 $165 calls...QCOM has had issues with getting over the $190ish area hitting it's head 4 times...We had an 11% run up off the start of the GAP at $155ish to a pretty big down day on 3/1 giving 50% of the gain back...Price is currently sitting on support 1 and will look to bounce or break...My outlook is that this breaks support 1 to retest the start of the GAP at the $155ish area...If it breaks that price range to the downside then this stock drops to at least $138ish area to fill the GAP...Happy Trading!!!!!!
