QCOM trade ideas
QCOM Round UpQCOM is just bounced off of ascending support and has begun to form a rounding pattern. This can go all the way back up to the old high and resistance point of $95-96. Also bullish doji reversal has formed at the bottom of the channel.
Qualcomm5G is coming, the company has been strong this year and we're having a buy opportunity, I believe
QCOM breakout road to 100$Playing the 5g network in the market, qcom is one of my favorite picks since last earnings. The coronavirus dipped it slightly on concerns of affecting next qtr earnings, but that to me is a near-term time to buy that dip. Earnings for the 4th qtr were a blowout. 5g is coming and qcom will play a big part in it! Chart looks prime to go up from here. nice little cup and handle pattern and lifted off right at end of the handle.
QCOM Long-Term OutlookMy personal opinion on this 5G "cycle" is over hyped. We may still have some more upside on these chip stocks that related to 5G, but I believe we will see a lot of people leaving these stocks once 5G is released and shows lackluster response from consumers. Until new tech and apps that can utilize 5G comes out we will probably see bleeding in these 5G stocks once the hype cycle is over.
QUALCOMM IS A STRONG BUY NASDAQ:QCOM price action has defined a ascending triangle, a strong breakout and bounce after the retest confirms the market structure is in play.
The trade opportunity is to bet long entries from $87- $90 , the measure profit target is at $150 with a stop loss at $80.
this trade idea is validated if price trade below the ascending (green) trendline. it also important to note that this structure is formed on a HTF which will mean a start of a bullish run for this stock
Qualcomm earnings setup
Possible entry level $90.50
Target price $96.50 next stop $100
Stop loss $88.50
QUALCOMM, Inc. engages in the development, design, and provision of digital telecommunications products and services. It operates through the following segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on technologies for the use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses and provides rights to use portions of the firm's intellectual property portfolio. The QSI segment focuses on opening new or expanding opportunities for its technologies and supporting the design and introduction of new products and services for voice and data communications. The company was founded by Franklin P. Antonio, Adelia A. Coffman, Andrew Cohen, Klein Gilhousen, Irwin Mark Jacobs, Andrew J. Viterbi, and Harvey P. White in July 1985 and is headquartered in San Diego, CA.
$QCOM Big move coming with earnings up to 93 or down to 70sAlready corrected from the all time highs and indicators showing good entry levels. to go long its need to hold above 83.75 and not break down the trend if bounced from 83.75 and closed with green candle then possible bounce to bottle neck at 93 . if trend is broken then targeting 79 and lower
Qcom - Above ResistanceQcom is closing in on all time highs
nice momentum and volume last few weeks
long over 93.35 to 100 area
could go up to 120 long term
QCOM Breaks to New HighQCOM is running up ahead of earnings with a rebound off of a sell down during last earnings season. The recovery is a fast short-term V bottom.
Lets see How Qcom movesInside day, I think we see new highs. Especially With the Er coming up at end of the month. Run up atleast with IO giving you an opportunity to be green. Look at strikes 2 weeks out for the best opportunity.
$QCOM Breakout and PullbackI liked how $QCOM broke out from it's down trend line over a week ago. I was waiting for it to hold and pullback then resume it's up trend. It did that today. I've opened a 1/2 position today at $91.42 with a tight stop loss of $89. I'll be looking to add to the position if it continues it's up trend. I my exit this trade prior to earnings depending on how much cushion I have. Earnings on Jan 29. Ideas, not investing / trading advice.
Qualcomm Inc on Breakout Watch Entry level $94.44 = Target price $106 = Stop loss $89.40
Average Recommendation: oVERWEIGHT Average Target Price:$99.75
16 BUY
00 OVERWEIGHT
13 HOLD
00 SELL
Company profile
QUALCOMM, Inc. engages in the development, design, and provision of digital telecommunications products and services. It operates through the following segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on technologies for the use in voice and data communications, networking, application processing, multimedia, and global positioning system products. The QTL segment grants licenses and provides rights to use portions of the firm's intellectual property portfolio. The QSI segment focuses on opening new or expanding opportunities for its technologies and supporting the design and introduction of new products and services for voice and data communications. The company was founded by Franklin P. Antonio, Adelia A. Coffman, Andrew Cohen, Klein Gilhousen, Irwin Mark Jacobs, Andrew J. Viterbi, and Harvey P. White in July 1985 and is headquartered in San Diego, CA
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BullishMonthly chart looks good, trading above support, need to go up next leg inorder to stay intact. next leg up n we see 100, short term little downside, not to worry
Qualcomm is tightening5G can boost this one up a lot
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This is not a trading advice
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Possible Long Entry QUALCOMM (QCOM) Update 09/01/2020Entry: 87.76
Stop Loss: 85.52
Target: 94.48 or hold
Risk/reward ratio: 1:3
Move stop loss = entry when rr2 is reached
QUALCOMM INC (QCOM), How Support/Resistance Zones works...Just check how the Support/Resistance Zones works and how many times the price bounced from it.
We can make our predictions using such strong zones and trade it properly and safely.
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QCOM 5GWith 5G release imminent, Qualcomm aims to be one of the biggest exporters of this service, behind Huawei. This bullish fundamental analysis is also based on present chart patterns including a bull flag on the daily chart, a clear parabolic uptrend, a LARGE bump and run, a bullish MACD, and a possible break above the mirror top level that was provided by the previous massive bull run. Will QCOM soar?
