QCOM trade ideas
QCOM prepare to short, When back into Supply ZonePrice breakout, and Short when it comes back to Supply Zone
Supply Zone breakout -- not sure it is true or false
Short when it comes back to Supply Zone
RSI Divergence
Stop order to Short: 124
Stop 127
Target 116; reward:risk=3:1
Target 109; reward:risk=5:1
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
QCOM 4 hr symmetrical triangle breakout scenarios NASDAQ:QCOM Recently exploded above 100, fueled by the hype of 5G. looking at the 4 hr chart, we have a strong symmetrical triangle pattern formed with breakout potential to both the bull and bear side. QCOM appears to have only slowed down due to the recent sizable pullback to QQQ and the tech sector as a whole. I am feeling very bullish on QCOM and will be looking to scalp on breakouts of the 120.2 supply and the ATH. If tech continues to bleed, we could see a solid short opportunity on a break below the trend line support, using the demand zones as TP points.
Cup and HandleLong when chart chills out a bit
Chart is in a bit of a struggle right now it appears. There is an unfilled gap below price that will provide excellent support.
I sold half of my position and waiting until the struggle resolve to buy more..I really do not like gaps underneath mel. The closer I can get on entry to that gap, the better
Possible rising wedge with bottom trend line of the RW at 111.6ish
QCOM may remain inside of the RW as Rising wedges are long term patterns. QCOM is sitting on bottom trend line almost like it is providing support...but then there is that gap that may never fill..worth my watching for a bit before buying more
Strong stock and I am hoping for targets 2 after this pull back
But nothing is ever a sure bet in the market
NV is high and short interest is low
I just like this stock. Great dividend and owning it does not keep me up at night (o:
Not a recommendation
$QCOM Qualcomm Day Trade setup
Potential day trade back to previous highs .
Barclays analyst Blayne Curtis raised the firm's price target on Qualcomm to $120 from $110 and keeps an Equal Weight rating on the shares. Handsets are one of a few markets that the analyst expects to see a recovery in 2021. However, Curtis believes his 1.4B handset base case is "generous," and needs to see a higher number in order to be more constructive on Qualcomm shares.
QCOM, enters monthly bullish trend. Expect Uptrend continuationQualcomm, Inc. (QCOM, $116.58) is predicted by Tickeron A.I.dvisor to grow by 4% to $121.24 or more within the next month. Keeping in mind similar previously-analyzed scenarios where the stock trended up during the month, the odds of an Uptrend continuation are 87%. Current price $115.85 is above $105.05 the highest support line found by Tickeron A.I. Throughout the month of 08/13/20 - 09/15/20, the price experienced a +3% Uptrend. During the week of 09/08/20 - 09/15/20, the stock enjoyed a +6% Uptrend growth.
Bullish Trend Analysis
The Stochastic Indicator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 38 of 60 cases where QCOM's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 81%.
The Aroon Indicator entered an Uptrend today. Tickeron A.I. shows that in 175 of 281 cases where QCOM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 62%.
Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 84%. During the last month, the daily ratio of advancing to declining volumes was 1.22 to 1.
The Tickeron Price Growth Rating for this company is 6 (best 1 - 100 worst), indicating outstanding price growth. QCOM’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is 10 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 10 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 82, placing this stock better than average.
The Tickeron PE Growth Rating for this company is 18 (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
QCOM BUY OR LONG , TARGET UP TO $122QCOM surpassed the established set (Gap big) and the volume was very large, showing a strong determination to raise
prices, I conducted "OPEN LONG", the model took a target equal to 80% of the V-shaped height .
Normally this pattern I will measure Target as SHS Pattern or Cup and Handle Pattern.
QCOM buy : $105
QCOM target : $120 +-2
Stop loss : 10%
Wish you good deals!