$QCOM - Rectangle breakout watch Has been consolidating inside a rectangle.
Break out point - 145
Good case - $151
Best case - $164
Bad case - $132.50
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.