QCOM on WatchQCOM at an interesting point. It could come out of this pendant either way.by wave3tradingPublished 114
Is there a light at the end of the tunnel?Qualcomm is an American multinational company that designs wireless telecommunications products and services. The company designs chips, which are widely used in the production of smartphones. Mission Statement: “Qualcomm defines sustainability as a strategy that drives long-term growth and profitability by including environmental, social and corporate governance issues in their business decisions as they relate to the key spheres of influence: workplace, supply chain, local communities, industry and the public policy realm.” News flow: In January 2017 Apple Inc. sued Qualcomm Inc. and filed a $1 billion lawsuit in an American court. A court document cites a claim on patents and registered designs. After this Qualcomm’s stock has fallen for 19%. Qualcomm has published a report for the third quarter of fiscal year 2017, which ended on June 25. According to the company’s CEO, Steve Mollenkopf, the results appeared to be better than expected. Total revenue grew from 5.01 billion US-dollar in second quarter to 5.37 billion US-dollar in third quarter. That represents an increase of 7%. However, total revenue is 11% less than in third quarter of 2016. Based on 15 analysts offering 12 month price targets for QCOM in the last 3 months: The average price target of 61.96 US-Dollar The maximum price target of 70.00 US-Dollar The lowest price target of 55.00 US-Dollar Today Qualcomm’s stock price is about $52.50 a share, which means it is recently below the lowest price target. Fundamental Data: P/E: 13,76 / Dividends: 2.02/3.82% / Revenue Growth Rate: -6.83% / Net Income Growth Rate: 8.23% (Source: teletrader). Chart Tools: What say the technical analysis methods I use? The risk management tool used here is the own-developed “Traffic Signals System” (TSS) and it will be implemented in my future analyses. The black line in the chart: the starting price of the idea is 52,5 US-Dollar. The red line in the chart: the stop loss is lying at 50,5 US-Dollar. The green line in the chart: here for me the first further turning point in the idea = first goal at about 54,5 US-Dollar. Oscillator: The RSI of Qualcomm values of approx. 65 and forwarding to overbought territory. Preis indicator: The stock price is below the SMA200, which could suggest another barrier at approx. 55,4 US-Dollar. Trend indicator: MACD (Moving Average Convergence/Divergence) is still in the positive zone, the trend is rather neutral and therefore for me the MACD is neutral. Conclusion: Fundamentally, despite the conflict with Apple, Qualcomm was able to increase their quarterly revenue. News-based data provided by observed analysts the lowest recent price target is still above the actual price. Chart-based data shows a broken downward trend (trend channel in the chart), which could be reversed to a new upward trend (green arrow in the chart). Main parameters of the idea: Parameters of the idea Start price: $52.50 Current price: $52.50 (0.00% off the start price) Stop Loss Actual: $50 (-5% off the start price) Take Profit: $70 (new highest price target) This idea has been running since today. Both Wikifolio's, UMBRELLA (www.wikifolio.com) and FuTureUS (www.wikifolio.com ) can be invested in Qualcomm. “Disclosure: The trading ideas published here are neither to be understood as a recommendation nor as an offer or an invitation to buy or sell financial instruments and should not be understood as such. You must also assume that the author holds the recommended position in his portfolio and benefits from the implementation of his trading ideas.” Longby RitschyPublished 4
Qualcomm Inc. $800 Million FineQualcomm (NASDAQ: QCOM) was recently hit with a NT $23.4 billion ($774 million) fine by the Taiwanese Fair Trade Commission (FTC), which claims that the chip maker unfairly manipulated prices and intentionally hampered its competition. This represents the commission's highest ever fine since its inception in 1992, and marks a big setback for the company in Taiwan, its third largest market after China and South Korea. Analysts expect the ongoing pressure on its licensing business to cause its earnings to fall 6% this year and another 18% next year. If more governments fine Qualcomm and OEMs follow Apple's lead and suspend their royalty payments, those bleak estimates could still be too optimistic. That bottom decline could eventually cripple its dividend, since its payout ratio soared as its earnings fell: Leo Sun, The Motley Fool Motley FoolOctober 14, 2017 For rest of 2017, will be selling either stocks and/or options, per above information. Please do further research, if you are buying/selling Qualcomm. *At this time, I expect $45.00 will be next resistance, per higher time frames of weekly charts. Good luck Shortby AnbatPublished 4
QCOM Sort OpportunityAn intraday (4 hour time frame) hight potential, BackTested SORT Analysis. A BUTTERFLY SORT PATTERN NOTE: ENTRY RANGE AREA ABOVE THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES DETAILS ON THE CHART DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.Shortby TradingStatisticsUpdated 37
QCOM - back to 60s?Qcom have 2nd breakout today... it could continue in the mometumLongby Marcus_PPublished 3
Breaking out$AAPL lawsuit news or $NXPI deal hike can get this back to $60 in flash. WGs in Calls.Longby JackyChartsPublished 6
QCOM shares will rise...QCOM shares will rise. The share price movement has completed its correction. The current 51 usd level is suitable for a long entry. I note that analysis is a month. The share is not exciting, but a year, 40% of profits are available. The first part of the upward wave that is emerging can last approximately 70 usd. Then I expect a correction of about 10-12%. Then another rising wave, the size of which is almost the same as the previous rise. The second target price will be close to 90 usd. But this is a 3-year perspective.Longby meszarosPublished 10
Old support is now resistanceWGs bought Oct & Dec calls. I'll wait for resistance to clear.by JackyChartsPublished 2
$QCOM tender deadline approachingActing like finally get raised offer. What price you think?Longby JackyChartsPublished 1
quick swing on QCOMHoping for a quite turn around. I haven't been triggered yet but I'm sure it will happen. Longby Briansbeard45Updated 7
QCOMQCOM recently executed a bullish bat formation, setting up for measured moves over the next couple months. Eventually the technicals suggest it breaks out of the box and sets up a price objective of $60 or more. Longby Bolanos374Published 2
Short QCOM at the break of 52QCOM looks like it might break below 52 support for a good short.Shortby wave3tradingPublished 3
Qualcomm long-term support around 50Ignore 2016 dip, because entire market was down.Longby richburatinoPublished 115
triple bottomobvious stop if fails, else 60 and 70s on deck next month. @jkro take lookLongby JackyChartsPublished 6
QCOM Long This WeekBought 100 shares at $53.23, looking to hit $57.00 and fill noted gap. See chart for details.Longby AnbatUpdated 3
multi bottom multi bottom and morning star at the end which are good indicators to go up and also near the stop lose Longby Alhussain1Published 3
long swing on qualcommQualcomm seems to be at a buy low sell high area. No earnings any time soon. Waiting for a small pull back to jump in. Longby Briansbeard45Updated 3
possible long in qcomyour capital is at risk - this is no advice Possible long chance in Q-Com. NASDAQ:QCOMLongby MikekerstingUpdated 7
Qualcomm - longAim is to catch Wave 3. First Take Profit would be at 87.50.Longby DomesticWorkerUpdated 5
THE WEEK AHEAD: (WHAT'S LEFT OF IT) -- XLK, QQQ SETUPSWith this holiday foreshortened trading week, premium selling pickings remain slim. The vast majority of underlyings with 52-week >70 implied volatility rank are in stocks that are ramping up for earnings -- e.g., QCOM (71) with earnings in 15, MSFT (79) (16 days), AAPL (75) (21). In that case, you might as well wait to look at those closer to announcement to see whether they are worth a play, rather than diving in here and falling victim to volatility expansion. On the non-earnings front, two broad sector or index exchange-traded funds stick out -- XLK and QQQ, with the former having a 52-week implied volatility rank of 67 and background implied volatility of 19; the latter, rank -- 65, background -- 20. Possible XLK Setups Aug 18th 52/57 short strangle Max Profit: $106 at the mid Max Loss/Buying Power Effect: Undefined Break Evens: ~ 1 SD, both sides Theta: 1.99 Delta: 7.87 Aug 18th 54 short straddle Max Profit: $281 at the mid Max Loss/Buying Power Effect: Undefined Break Evens: Between expected and 1 SD put side, at expected call side Theta: 2.79 Delta: -10.71 Aug 18th 50/54/55/58 "near" iron fly Max Profit: $203 at the mid Max Loss/Buying Power Effect: $197 Break Evens: ~ Expected, both sides Theta: 1.35 Delta: -3.45 Notes: I excluded the 20 delta iron condor because it just didn't look "worth it." The "near" iron fly I widened to put a strike between the put and call sides to get break evens around the expected move. Possible QQQ Setups Aug 18th 126/129/142/144 iron condor Max Profit: $86 at the mid Max Loss/Buying Power Effect: $214 Break Evens: Between expected and 1 SD put side, expected on call side Theta: 1.22 Delta: -1.72 Aug 18th 129/142 short strangle Max Profit: $219 Max Loss/Buying Power Effect: Undefined Break Evens: 1 SD put side, between expected and 1 SD, call Theta: 5.57 Delta: .70 by NaughtyPinesPublished 12