QCOM is one I have owned since the bottom. Gr8 dividend payer and for me it is a keeper. V bottom and possibly formed a handle there, so may say it is a cup and handle. Either way break out is the same
Earnings 7-29 AMC
Possible pull back to 87ish or 88ish so I plan to buy more if this happens. The stock is in a small rising wedge which it may or may not fall out of. (Rising wedges happen often in bear markets) I do not feel we are in a bear market but it is true we went down awfully quick and many stocks went back up like a lightning bolt! Rising wedges can form when folks get a little too excited (o:
I do not have a stop and I know that is a NO NO..lol but if I did it would be very loose at 74ish as I plan on keeping this one. If I was buying this short term, I would place my stop at gap down from before Corona Balona.
Good luck. I do own this stock but do not mean to recommend it to you. Be safe
Earnings 7-29 AMC
Possible pull back to 87ish or 88ish so I plan to buy more if this happens. The stock is in a small rising wedge which it may or may not fall out of. (Rising wedges happen often in bear markets) I do not feel we are in a bear market but it is true we went down awfully quick and many stocks went back up like a lightning bolt! Rising wedges can form when folks get a little too excited (o:
I do not have a stop and I know that is a NO NO..lol but if I did it would be very loose at 74ish as I plan on keeping this one. If I was buying this short term, I would place my stop at gap down from before Corona Balona.
Good luck. I do own this stock but do not mean to recommend it to you. Be safe
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.