QCOM Potential buy setup
Updated
Reasons for bullish bias:
- Entry is at breakout of HH
- DOW theory, SL at last HL
- Divergence is there, but entry is at breakout so let's see
Entry Level(Buy stop): 158.62
Stop Loss Level: 134.44
- Entry is at breakout of HH
- DOW theory, SL at last HL
- Divergence is there, but entry is at breakout so let's see
Entry Level(Buy stop): 158.62
Stop Loss Level: 134.44
Trade active
Mar 7: Price is near all-time high and weekly resistance, you can book some profit here (176.05), Moving SL to 145.02Note
Moving SL to BE
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.