wavepoint99

QCOM - Falling Trend Channel

NASDAQ:QCOM   QUALCOMM Incorporated
🔹Breakout resistance at 123 in inverse head and shoulders formation.
🔹Tests resistance at 126, potential NEGATIVE reaction; upward breakthrough signals POSITIVE.
🔹Technically NEUTRAL for the medium long term.

Chart Pattern;
🔹DT - Double Top | BEARISH | 🔴
🔹DB - Double Bottom | BULLISH | 🟢
🔹HNS - Head & Shoulder | BEARISH | 🔴
🔹REC - Rectangle | 🔵
🔹iHNS - inverse head & Shoulder | BULLISH | 🟢

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