umaidsiddiqui786

Cup and handle formation on Qual Comm

Long
NASDAQ:QCOM   QUALCOMM Incorporated
Looks 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).

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