Descending TriangleCup and Handle noted that did not reach full targets. All triangles are neutral until broken. This one is a descending triangle as the bottom line is flat and the top line slopes down. No recommendation/There is a window below price that can serve as supportby lauraleaUpdated 7
$QCOM with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $QCOM after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 54.55%. Shortby EPSMomentum0
QCOM Setup for LongQCOM 1H Setup 1- Down trend broken and now the trend is up 2- currently price is in channel but expected to break and come down 3- next support is: 131 4- Next Resistance is at: 142 5- Entry Zones are - Zone1: 135 (current price) - Zone2: 132Longby terminaltraders0
Qualcomm stock and best entry pointsI will be intereseted to aquire this stock if it reaches 55-70 level or less.Not before that. What do you think? 04:41by MoemenAwadalla0
Qualcom to the rocket shot! Long !!! $150$150 is my easy target :)Longby illuminating_tradeUpdated 113
Qualcomm Inc (Long)Qualcomm Inc Long Entry at 131.03 Take Profit at 142 (8.32% profit from entry) Stop loss at 125 Longby I_M_Shoaib89111
QCOMThe pressure against money markets has been declined since the actual inf. data is approximating the expected inf. data. Avg cost is 115 usd. Not an investment reccomendation.Longby Chaox070
QCOM Week of Jan 23rdNot much of a QCOM trader but these probs were interesting and felt like sharing. Earnings release coming up in 2 weeks, so be mindful of that. Overall, the chart looks pretty bullish, imo. I am long on it, 100 shares and 2 calls (was 5 calls and 150 shares but locked in some profits at market close on Friday). AVG 120.11. TP is that green box. Save trades everyone! by SteverstevesUpdated 7716
In a sea of red there still some bulls standing Just talking walk down wall street AKA the HeatMap looking at a sea of red I notice a small pace of green as i zoomed in long behold it was QCOM as i started my top down analysis i seen it was breaking its down trend as i made my way to the daily chart i stumbled upon a Cup & Handle at the neckline looking ready to take off any moment with a measured move of 17 points if it fully play out so that's a very juicy target for trades to pass up !!!! Longby ThanksNeo1
Qcom 88 gap closeIf you zoom out you'll see a H&S pattern and the wedge I've outlined is the right shoulder .. Right now we are currently around the neckline of that H&S I've said this before in my post that unless support is broken on thar right shoulder, it could turn into a wedge; I've learn that lesson the hard way!!. Qcom has earnings early February. I think between now and earnings we start heading towards that gap close. Of course there is a major squeeze going on in the market right now but as long as Qcom stays under 130 I like this play.. B+ setup I'll be buying Feb 17th 100P.. I'll let you know Via tweet when Im in... Shortby ContraryTrader444
Qualcomm play . Hi, Definitely risky one. As you can see very wacky chart and price move . over all shooting for 107 area. Playing this one short by end of the day based on news . Martch 17 . 100 Puts . Shortby PTO110
QCOM Classic Bear Flag breakdownTextbook continuation pattern playing out. Prior break on weak earnings was quickly brought back into the channel where it has remained. Continuing this downside break sets to target 94 to fill an old gap left behindShortby SoVeryLostUpdated 1
Below RectangleTriple top/Price is now below a short lived rectangle. I am watching this one as it is a keeper at the right price for my portfolio. I hear this blonde (Stephanie) chick talk about fundamentals on CNBC continuously. She has it down pat and can quote every PE ratio in the universe as well future, past and present earnings! She says "5, 6, 7, times future earnings" a lot. Does it matter if the sector or the market is not moving??? 1-2-23/engulfing/bearish )o: She recommends buying it right now due to the fundamentals. I like the fundamentals as well! But is it time to buy it? Dunno. Securities can have fantastic fundamentals. Where do these gr8 fundamentals get me if the sector is not moving in my direction? My answer is nowhere. I suppose there are fundamental analysts and technical analysts and I guess it is not unusual for the 2 to disagree. I look at fundamentals, but the actual chart drives my decision, I am not saying either is right or wrong. I am just saying we are all different and that is what makes the world go round (o: No recommendation except be patient.by lauralea4
Price is Below a Symmetrical TrianglePrice is below the triangle. Doji of indecision today and a spinning top yesterday. Earnings miss for QCOM and not only was it at the resistance line of the triangle when the drop took place, price was also at the upper trendline of a channel down so perhaps a double whammy. It is getting harder and harder to draw trendlines as the channels down are aging somewhat. I see 2 channels but you may see it differently. I drew the trendlines on a weekly time frame. No recommendation. Strong stock but in a bad place )o: I have noted as of late, that when price breaks down from a symmetrical triangle, it is often a deep break.by lauraleaUpdated 227
Qcom short off the 200sma and GP Qcom short off the 200sma and GP The stop loss goes above the GP and POC TP will be bottom of the channel. Shortby Average-Canadian111
$QCOM with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $QCOM after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 60%. Shortby EPSMomentum1
QCOM // Wedge indicatorFibonacci targets should be followed provided that it closes above the wedge indicator.by aet612
Time to be bullish again on Qualcomm?For now this looks like a bullish retest of this triangle structure but obviously if we lose the weekly moving average as support we could go down to the bottom of the big multi year fib channel at approximately 115$ or even the pink moving average which is sitting at about 100$ which is the previous dot com bubble all time high. I consider these 2 areas very strong support, honestly I doubt Qualcomm will reach these targets as this company has very strong finances and technology. There seems to be a lot of demand at the 125$ level as well. As we can see with the weekly Heikin Ashi candles the trend still appears to be to the downside but the last 2 candles are looking a lot more bullish than the ones before that. I bought more shares today and will add more if it drops to these targets. Good luck with your trades guys!Longby cicatraceUpdated 3
QCOM daily pinnacle pattern consolidationOrder BUY QCOM NASDAQ.NMS Stop 116.64 LMT 116.64 will be automatically canceled at 20230401 01:00:00 EST QCOM daily pinnacle pattern if we break above can expect C wave ABC correction up.Longby MishaSuvorovUpdated 2
QCOM weekly hammerQCOM weekly hammer in the middle of wave 3 downtrend. Stop above local pivot.Shortby MishaSuvorovUpdated 0
Qualcomm (QCOM) bearish scenario:The technical figure Descending Triangle can be found in the daily chart in the US company Qualcomm (QCOM). Qualcomm is an American multinational corporation. It creates semiconductors, software, and services related to wireless technology. It owns patents critical to the 5G, 4G, CDMA2000, TD-SCDMA and WCDMA mobile communications standards. The Descending Triangle broke through the support line on 30/09/2022. If the price holds below this level, you can have a possible bearish price movement with a forecast for the next 80 days towards 98.71 USD. Your stop-loss order, according to experts, should be placed at 152.81 USD if you decide to enter this position. Looking at its valuation, Qualcomm is holding a Forward P/E ratio of 9.6. For comparison, its industry has an average Forward P/E of 17.45, which means Qualcomm is trading at a discount to the group. It is also worth noting that QCOM currently has a PEG ratio of 0.61. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. QCOM's industry had an average PEG ratio of 1.81 as of yesterday's close. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.Shortby legacyFXofficial0
QCOM Head and shoulders patternhello, QCOM I see Head and shoulders pattern with target around $85, also Waves analysis there is we are in correction (daily) with target about $85 also, I will wait good price may be (117) to short not financial advice DYOR Shortby PlanBTC10
Bullish on Qualcomm. QCOMBetting on in the position of the B Wave in this pretty epic zigzag. Taking retrace of ?B of B for targets of C. C's within triangle tend to be the largest of the lot, so a chance we may come back to this idea and extend the goals to hyperextension incase of an epic C at a later stage. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.Longby Rykin_CapitalUpdated 1