#QCOM (Exited: Trendline, Entered: Bullish) #Daily #Technical Analysis #crevixtrader
Qualcomm ( NASDAQ:QCOM ). While I believe semiconductors will be the hot tickers again in the near future, Qualcomm needs to close the gap between $138.55 and $147.88. The upcoming Federal Reserve meeting and OpEx may serve as catalysts for this move. While it could rise to test resistance in the low- to mid-$160s to trap the bulls, I expect it to show more...
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.
Goals 1.41, 1.16. Invalidation at 2.54 . 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 green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that...
Looks appealing, not even sure what they do. Relatively high short % against the float which means it can have a more elastic bounce. they're also defended with pricing powers (inflation pain handover capability)
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...
*disclaimer* I haven't published anything outside of the crypto markets publicly. However, I have had my eye on SOXL, Direxion Daily Semiconductor Bull 3X Shares ETF. I originally thought that earnings for NVIDIA were going to boost the asset and asset class, however it seemed to me the night before earnings that the earnings call was already priced in. Looking...
Immediate targets 171, 158. Invalidation at 215. 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. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely...
Form time to time at the end of an impulse we may see a pretty small flat before bigger drops to follow. Here, we believe that this may be the case here. It might meander before potentially giving us bigger drops. 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...
Qualcomm - Short Term - We look to Sell a break of 170.96 (stop at 181.39) Intraday signals are bearish. Previous support level of 174.00 broken. Closed below the 50-day EMA. We look for losses to be extended today. We look to set shorts in the early trade. Our profit targets will be 138.48 and 130.12 Resistance: 174.00 / 190.00 / 200.00 Support: 164.00...
$QCOM upon its Q3 earnings gap up, it remains relatively resilient to market weaknesses since december. also flagging in weekly chart. yesterday's closed have $QCOM trading beyond all significant VWAP, above 10/10/50 MA. $188.15 is the ideal level for a tight entry to size up
QUALCOMM Incorporated ( NASDAQ:QCOM ) Sector: Electric Technology (Telecommunications Equipment) Current Price: $175.74 Breakout price trigger: $181.00 Buy Zone (Top/Bottom Range): $172.00-$165.00 Price Target: $196.00-$200.00 Estimated Duration to Target: 61-69d Contract of Interest: $QCOM 2/18/22 200c Trade price as of publish date: $5.40/contract
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...
All targets HIT and gap nearly filled after a monster move from earnings! Idea was shared when QCOM was trading at just $130 resulting in over 20% move in equity. Congrats if anyone played this one!!
Didn't have time to do a full Elliot Wave Theory analysis on this one, I apologize for that. However, very clear supply/demand zones labeled, while trading within a wedge. Extremely attractive bullish inverse head & shoulders shown on the chart, looking to potentially confirm and breakout early in the week. The only thing holding me back from this is the fact...
W bottom forming on the daily. Mac D is on the support side. Company is solid. Tech is booming like it or not. I want to see if price can retrace its previous high between 38 -61%. I honestly don't have any recent catalyst for this. This is purely TA for me although I know this company is legit. It's expensive to me to be honest but I feel confident in this retracement.
Nice bounce off the bottom of the wedge here. Looking for continuation upwards to targets above at $135, $139, $141 and $145 as long as the low holds. Take note of the Daily MACD curling positive as well as the Daily RSI breaking out of downtrend! I am already positioned in a long swing from last week on this.
Today, we will take a look at QCOM The price is currently against a major support zone that has been working effectively since October 2020. Let see what we can expect in case of bearish or bullish resolutions. This analysis is meant for people that develop short-term setups. Why am I saying this? because, at the moment, we can't think about new trends like...