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QUALCOMM INC CEDEAR EACH 11 REP 1 ORD USD0.0001QUALCOMM INC CEDEAR EACH 11 REP 1 ORD USD0.0001QUALCOMM INC CEDEAR EACH 11 REP 1 ORD USD0.0001

QUALCOMM INC CEDEAR EACH 11 REP 1 ORD USD0.0001

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QCOM trade ideas

Technical Analysis of QCOMOverview of the Stock and Recent Price Action QCOM has experienced significant volatility over the past year, with notable movements that highlight key trading opportunities. From November 2023 to June 2024, QCOM enjoyed a strong uptrend, climbing from around $110 to a peak of approximately $220. However, after reaching this high, the stock entered a downtrend, declining to around $160 by November 2024. Step-by-Step Analysis 1. Trendlines and Channels Ascending Channel: Initially, QCOM was trading in a steep ascending channel, indicating a strong bullish trend until mid-2024. The subsequent downtrend has formed a descending channel, reflecting bearish market sentiment. 2. Fibonacci Retracement Levels Support: The $160 level has acted as a significant support area recently, with the stock bouncing off this level multiple times. Resistance: The $170 level is a notable resistance point. QCOM has struggled to break above this level in recent months. 3. Volume Analysis There are spikes in volume during significant price movements, such as the peak in June 2024 and the decline thereafter. This suggests strong investor interest and potential institutional activity during these periods. 4. Indicators and Events Earnings Announcements: Key earnings dates are marked on the chart, which can significantly impact price movements. Traders should watch for upcoming earnings reports. Potential Price Movement Bullish Scenario Entry Point: A break above the $170 resistance level with strong volume could signal a potential reversal and continuation of the uptrend. Stop Loss: Below $160 to limit downside risk. Profit Target: The next target would be in the $180-$190 range. Bearish Scenario Entry Point: A failure to hold the $160 support level could lead to further declines. Stop Loss: Above recent highs to avoid false breakdowns. Profit Target: The next support level would be around $150. Conclusion QCOM is currently in a consolidation phase between $160 and $170. A breakout above or below these levels, accompanied by strong volume, will likely determine the next significant price movement. Traders should monitor these key levels and be aware of upcoming earnings and dividend announcements.
NASDAQ:QCOM
by stocktechbot
QUALCOMM Short Trade Hits TP1 – More Bearish Targets PossibleTechnical Analysis: QUALCOMM – 15-Minute Timeframe (Short Trade) QUALCOMM has reached TP1 (171.92) in the short trade, with the remaining targets still in play. The initial downtrend is confirmed, and we are closely watching for the next targets to be hit. Key Levels Entry: 173.07 – The short position was initiated following clear bearish signals. Stop-Loss (SL): 173.99 – Risk management placed above the entry point to limit potential losses. Take Profit 1 (TP1): 171.92 – First target hit, confirming the downtrend's strength. Take Profit 2 (TP2): 170.08 – The next target is set as momentum continues downward. Take Profit 3 (TP3): 168.23 – Further price movement could test this level soon. Take Profit 4 (TP4): 167.09 – The final target for this short trade. Trend Analysis The price has broken below the Risological Dotted trendline, showing sustained bearish momentum. The price action confirms the downtrend, with TP1 already achieved, and lower targets still within reach. QUALCOMM has started its downward movement by hitting TP1. We are now observing further bearish pressure to meet the next targets. Risk management remains crucial with the stop-loss in place.
NASDAQ:QCOMShort
by ProfitsNinja
2nd try in QCOMI’ve entered a second LONG position in NASDAQ:QCOM after the first one was stopped out. See the chart for details. The price retraced back to the entry level yesterday, but now it seems like the bullish move could begin. After breaking through the resistance area (marked by the red rectangle), I expect bullish momentum to increase. By then, the SMAs should be perfectly aligned. I plan to hold this position for about two weeks, as the upcoming US election could cause market spikes in either direction. Good trade!
NASDAQ:QCOMLong
by p4917
QCOM (QUALCOMM Incorporated) BUY TF M30 TP = 172.60On the M30 chart the trend started on Oct.8. (linear regression channel). There is a high probability of profit taking. Possible take profit level is 172.60 This level, which I have outlined above, is certainly not a “finish” level. But it is the level that has the “highest percentage of hits on target.” Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelievelnTrading
NASDAQ:QCOMLong
by WeBelieveInTrading
1
QUALCOMM Incorporated (QCOM) | Chart & Forecast SummaryKey Indicators on Trade Set Up in General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Active Sessions on Relevant Range & Elemented Probabilities; * Asian(Ranging) - London(Upwards) - NYC(Downwards) * Weekend Crypto Session # Trend | Time Frame Conductive | Weekly Time Frame - General Trend - Measurement on Session * Support & Resistance * Trade Area | Focus & Motion Ahead # Position & Risk Reward | Daily Time Frame - Measurement on Session * Retracement | 0.5 & 0.618 * Extension | 0.786 & 1 Conclusion | Trade Plan Execution & Risk Management on Demand; Overall Consensus | Neutral
CAPITALCOM:QCOM
by TradePolitics
Enter long in QualcommI've entered a long position in $QCOM. Charts looks bullish. The factors for this decision were the following: Price is above all SMAs (30, 50, 200) In the next days we should see a bullish cross of the 30 and 50 SMA The current low was made on the 5th of August, the next low on the 6th of September was significantly higher We have tested the resistance cluster several times - the more it's tested the less likely it's being respected. Have you heard the rumours about the takeover of Intel? Me too, but I trade the chart not the news. ;) So, let's see how this plays out.
NASDAQ:QCOMLong
by p4917
$QCOM - At critical supportNASDAQ:QCOM I posted on August 27 that Qualcomm might be forming a head and shoulders pattern. Look at it now. The right shoulder looks complete. It is currently sitting on critical neckline support. Remember, a head and shoulders pattern only validates if the price breaks below the neckline with multiple trading sessions closing below it. So, the pattern's validity still remains to be seen. As always, I share my opinions and trades. I'm not suggesting anyone follow my trades. You do you.
NASDAQ:QCOM
by PaperBozz