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QUALCOMM Inc (Extended Hours)QUALCOMM Inc (Extended Hours)QUALCOMM Inc (Extended Hours)

QUALCOMM Inc (Extended Hours)

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QCOM trade ideas

QCOM, TIME FOR A REVERSALHello fellow traders and investors, here's another trade idea. QCOM has recently pulled back to the support area, if QCOM makes a full recovery it offers a 24% ROI. Technicals: The Macd indicates that it's oversold and in an uptrend The EMA's have just crossed over and are in an uptrend When To Buy: Now is a good time to buy. When To Sell: I recommend selling in the take profit area offering around a 24% ROI. Fundamentals: QUALCOMM, Inc. engages in the development, design, and provision of digital telecommunications products and services. QCOM is sitting at a P/E of 22, a debt/equity of 2 which isn't great however they have a sales growth of 62% Q/Q, an Earnings Per Share growth of 166% Q/Q, and an ROI of 25%. Rating: 90/100 since I like the technical setup a lot in this scenario and the only reason why they didn't get a 100/100 rating is because of their debt/equity which isn't great. NOTE: I don't think I will be buying for a few days now since the overall market especially tech will most likely be pulling back. I hope you enjoyed this quick analysis and many more to come. If you enjoyed leave a like, follow, comment your thoughts and share this trade idea. Thanks.
NASDAQ:QCOMLong
by UnknownUnicorn11084119
1
We're goin back!Let' us analyze the pre-pandemic company results: We can see a strong trendline was formed from the beginning of 2019. From the middle of 2018 the company was doing good: the average earnings per share was 0.8, and was holding for 2 years The average price was ~72 on that trendline. The after-pandemic results are 2-2.5 which is 2-3 times more! 1. We are close to the trendline again, which makes strong buyout support. 2. The fair price today is between 72 * 2 = 144 and 72 * 3 = 216! Therefore, we are way lower then a fair pice now, so the chances for the immediate reversal are extremely high! Besides, * RSI is on the low border * EWO is close to the pandemic minimum * the 120-130 gap from November is closed * The 200-day sma corresponds the trendline, see the idea linked TUZEMUN!!! :-)
NASDAQ:QCOMLong
by nikitamalyavin
QCOM High Conviction Trend ReversalQCOM at 200 SMA support and will likely revert back up or trade flat. Trade Ideas Shares : Long around the 200 SMA ($125) for $140 and $152.5+ Profit Targets. Short Put : 110 strike expiring 4/16 for $1.3 Credit. Short 14.5 deltas with a 82.5% POP. $1000 BPE for a decent 13% ROC. Close at 50%-75% profit, 150%-200% Loss or 20 DTE, whichever comes first. Put Credit Spread : 115-120 strikes for $1.33 Credit. 63% POP risking $367. Call Debit Spread : ATM or maybe 1 OTM.
NASDAQ:QCOM
by punitarani
2
Weak chart: Not a QCOM year 😔I picked QCOM after it's earnings drop at the start of Feb. Overall guidance and earnings were positive, so it seemed like a no-brainer. And the stock was between the 50 and 100MA at the time.... but this was a play that just didn't recover and I've been sleeping on it because I had planned it for the very long term. Long term thesis: I think QCOM has a lot of potential long term. It is almost a 5g+ EV + semi conductor play put in one stock. But when I re-visit the weekly chart, the stock looks weak and ready for a further correction unfortunately. I am not saying holding this stock for a very long term at current price is bad. But I see it being a lagging stock for 2021. I have a decision to make to either close my QCOM and re enter a better dip later this year, which I believe is coming. Or, HODL, relax and dollar cost. I may end up going for the sell on this soon and reconsider an entry in future. Good luck traders.
NASDAQ:QCOM
by Karam08
5