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ddcakez

Potential Dip in QCOM(bullish longterm)

QUALCOMM Incorporated (NASDAQ:QCOM)  
ddcakez  
NASDAQ:QCOM   QUALCOMM Incorporated
Trend Analysis Technical Indicators Bullish Patterns support buyzone
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trendanalysis indicator bullish support buyzone
QCOM has had a significant gap up in price recently which led it to reach the outer Bollinger Band on the 4h chart. This area on the Bollinger Band usually signifies an overbought area. If it passes through Fib Support to the temporary downwards then that is a great indication of a dip buy. Personally if Fibonacci support doesn't hold, I am looking for the 144 for a buy. I see this potential dip as an amazing buy opportunity to look out for.

Bearish Signals
-Over Upper Bollinger Band

Buy Zone
-144
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