207.30 above can go up 209.50/212/215/218 can test soon 20 ema above already close , which is positive for QCOM
Qualcomm shares ( NASDAQ:QCOM ) surged by 4.31% following NVIDIA's impressive earnings report, boosting investor confidence and causing a ripple effect on $QCOM. The semiconductor industry experienced a surge as investors reacted positively to NVIDIA's robust financial performance. NVIDIA's earnings report, which beat expectations with adjusted earnings per share...
Qualcomm Short Term We look to Buy at 143.04 (stop at 138.51) Preferred trade is to buy on dips. Buying continued from the 38.2% pullback level of 141.98. 20 1day EMA is at 143.50. Posted a Bullish Hammer Bottom on the Daily chart. We look for gains to be extended today. Our profit targets will be 156.56 and 159.40 Resistance: 156.60 / 160.00 /...
If you haven`t shorted QCOM on the exposure to China article here: Then you should know that is QCOM is sitting on a strong support line, trading at a 38% forward P/E ratio discount versus the 5 year average! Wells Fargo has an $150 price target for QCOM! Looking forward to read your opinion about it.
The 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.
On this chart I have used Gann and a Parallel channel to display two similar points in the evolution of QCOMS value Where the green Gann fan and Parallel channel meet through the uptrend can be considered similar both because of there place on the chart, and price action Using this I have plotted a white Bars pattern, where I expect price to move to Using the...