Qualcomm (QCOM) rolled out a number of key AI announcements today, as the company seeks to cement itself as a major player in mobile chips. Those announcements include a new compute platform, called Snapdragon X Elite; a new central processing unit chip, called the Qualcomm Oryon CPU; and a new smartphone chip, named the Snapdragon 8 Gen 3. Though Qualcomm makes...
Here is a strong down trend proceeding a channel break to the downside. An Inside Bar/3 Bar Play has formed on the 4h at close giving an opportunity for entry below the low of the inside candle. Can expect (but not guarantee) another leg down to follow up the current consolidation to possible test and or fill the gap below.
So - I've been playing a new tool (to me it is), the 'Fixed Range Vol' I only recently realized is available in TradingView's arsenal. I'm not exactly sure if I am using the correct way that it's intended to be used but so far, it's been a pretty reliable tool for my chart analysis attempts. 1.) I start by selecting the HH's and LL's on a higher time chart,...
I will be intereseted to aquire this stock if it reaches 55-70 level or less.Not before that. What do you think?
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...
Qualcomm Short Term We look to Buy at 143.04 (stop at 138.51) Preferred trade is to buy on dips. Buying continued from the 38.2% pullback level of 141.98. 20 1day EMA is at 143.50. Posted a Bullish Hammer Bottom on the Daily chart. We look for gains to be extended today. Our profit targets will be 156.56 and 159.40 Resistance: 156.60 / 160.00 /...
Qualcomm Short Term - We look to Buy at 124.23 (stop at 118.34) We look to buy dips. Previous support located at 125.00. Although the anticipated move higher is corrective, it does offer ample risk/reward today. We look for a temporary move higher. Trading has been mixed and volatile. Our profit targets will be 141.29 and 149.10 Resistance: 145.00 /...
The U.S. warning China it could face devastating sanctions if it defies the ban on doing business with Russia! This is a move that could have huge impact on American companies. 67% of QCOM Qualcomm revenue comes from China. My price targets from QCOM are $126 and $92. Looking forward to read your opinion about this.
Qualcomm - Short Term - We look to Sell at 158.32 (stop at 164.45) Preferred trade is to sell into rallies. Previous support level of 160.00 broken. Short term RSI is moving lower. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 160.00, resulting in improved risk/reward. Our profit targets will be 138.25 and...
On this chart I have used Gann and a Parallel channel to display two similar points in the evolution of QCOMS value Where the green Gann fan and Parallel channel meet through the uptrend can be considered similar both because of there place on the chart, and price action Using this I have plotted a white Bars pattern, where I expect price to move to Using the...
Classic reversal for up-trending stock. probably will retest the high at 124$ Stop is at today's low around 115$ Good luck!
26-Jun NASDAQ:QCOM Price Forecast timing analysis by pretiming algorithm of Supply-Demand strength Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk Supply-Demand(S&D) strength Trend Analysis: About to begin an upward trend as a adjustment trend gradually gives way to...
Possible break out coming for $QCOM. Looking at this stock there are three resistance lines. If it breaks through the first at $71.67 (+2.5%) we can see a nice run to around $79.12 (+13%) and best case scenario up to $86.45 (+23.5%). Look to buy now and sell when it bounces off one of these resistances. MACD indicating that there’s momentum going into the stock...
May open gap down and buy-back, or continue down to 50$. Fundamentally company cant be under 50$. But Huawei use Snapdragon CPU, and last news can make negative effect on future sale of new Snapdragon 855.