QCOM Quarterly 2-1-2 ReversalEntry and profit targets shown in purple, stops in red. Looking for a solid close over 145.30 to bring the quarterly 2-1-2 into play. Wait for confirmation through price action, you can see it already tried to break once and failed.Longby jcrutcher1
Breakout play. Target 160 gap play25th July Break above 145 may see 160 next level. Possible to cover the gap. Longby probabilityta2
QCOM Trading Idea- forming double bottom but not complete yet - wait until it BO $145 - then follow trend or TP at any resistance you like. - for short term plan, advised to EP after earning. by wanjebatUpdated 0
Cup and handle formation on Qual CommLooks as if Qual comm has formed a bullish cup and handle. Trade long for the 153 price level resistance denoted by the orange line. Safe bet is to trade the break out. If you are risk tolerant, the handle may still yet have formed be careful (tight stop loss). Longby umaidsiddiqui7862
QCOM is in an uptrendQCOM is in an uptrend. As long he is making higher highs and higher lows this uptrend stay active!Longby misternico112
Qcom back to 123Supply area rejection. currently sitting on 200ma, targets after that is 50ma and 100 ma at 135. Fib support at 132, a break below 132 will lead to the eventual 123. Soxl chip sector has been weak ever since the distribution has started with NVDA. Macd -Death cross A break in that white trendline is a double topShortby ContraryTrader110
QCOM LongQCOM Long. Going into earning it looks like QCOM has found a bottom. It broke out of its wedge after a correction to fill a large gap created months prior. Now that the gap has been filled, QCOM will resume to the upside as long as it maintains the trendline. Earnings will be crucial in determining next large move but I believe a pre earnings run up is in the works. Longby gnovacco1
Trend line SCALP Bounce off support 140 SUPPORT QCOM Has been trending upward for a couple weeks now - I decided to start trading semiconductor stocks and randomly thought of QCOM. Take my ideas with a grain of salt as I am an ametuer but according to my analysis and looking through the order book this analysis holds true. Anyway, I see trading down to the 140 range tomorrow during intraday then fading upward into the day . My exit would be as soon as the order book tells me it’s time to get out as I mainly scalp options but I wouldn’t mind swinging this setup with the correct contracts. Sorry for the not so detailed outline - I am new to this and would love feedback or how I could make it better. Cheers.by sergiogurrola10
QCOM for a quick payQCOM took a bit of a breather after being overbought, retraced some old territory, found a Friday bounce, and looks to be poised to run on following the Holiday. Just an idea- this is not financial advice. by Test_MonkeyUpdated 110
My View on QCOMQCOM breakout and perfect backtest the trendline. Golden Cross in 4H chart (SMA 50 cross SMA 200) I don't mind giving QCOM a CALL. This is QCOM $145C 20/08/21 100 at a 5$ contract (My choice) On the other hand, QCOM Debit Call (vertical) 145/150 20/08/21 100 at $1.95 contract (highly recommend) ----------------------------------------------- This is not financial advice. I'm not a Financial Advisor. Trading is a high risk, do your own DD. Let me know what you think Cheers, I would share all my thought next time. PEACE.Longby TheBullishMan2
QCOM - GAP fill 160 targetQCOM - Formed double bottom with trend line breakout, retested, if it can break 145 we can see 150 & gap fill soon, my target prices shown in chartLongby SrjInfinity5
Trade Idea: Buy Qualcomm Inc. The Semiconductor sector has rewarded anyone that latched on the previous opportunities highlighted: - On our 16 March radio slot we recommended Nvidia at $527. Since then, the share has had a strong move, testing $800 during yesterday’s trading session. - We also recommended the SOXL ETF (on 15 June) at just over $40. Initially we saw a pullback however yesterday the ETF rose to it’s highest level since April, adding 7.35% by the close of trade. Today we recommend another leader in the sector, Qualcomm Inc. The share has been consolidating for the past 8 months and is off it’s February peak of $167.58.The group has exceeded analysts earnings expectations for the last 10 quarters and technically, appears poised to resume it’s upward trend as it: (1) held the pivot, (2) regained the 8 and 21-day Exponential Moving Average (3) attempts to clear the overhead supply at $141.70. With supply constraints continuing to dominate the sector, we think the share has the ability to advance. Last: $139.72 (Pre-market $139.41) Buy Range: $137.70-140.00 Stop-loss: 132.45 Target Range: $153.00-157.00 (also note the gap at $161.80). Longby LD_Perspectives5
$QCOM QCOM BULLISH. $150 TGQualcomm is ready to explode, looking for $150 minimum. Longby GabrielGuillen2
Possible QCOM BreakoutQCOM Daily Chart looks really like a really good setup. I would go Long when we have confirmation that QCOM is breaking out of the triangle.Longby BigBruh69420Updated 2
$QCOM Qualcomm Bullish Setup Hopefully you find the chart helpful in terms of Supports & Resistance etc. we refrain from adding commentary on the chart as that is reserved for our members and we are very conscious of not giving financial or trading advice. Thank you for taking time to consult our chart and we would really appreciate a like, follow or comment. Longby Xclusive-Trading8
QCOM second gap fill?a few months ago I said we might see the first gap being filled and I had high doubts that the second Gap will get filled. Now I am a bit more convinced that we might see the 2nd gap being filled. I see a double bearish flag there is nothing showing QCOM reversing higher. Shortby miguelsique2