QCOM is signaling a BIG BUY ALERT as big news recently came up -- with Meta and Qualcomm teaming up to run big A.I. models on phones.
Qualcomm and Meta will enable the social networking company's so-called new large language model, Llama 2, to run on Qualcomm chips on phones and PCs starting in 2024. The chipmaker says the technology will enable applications like...
Looking at QCOM is very important because it has just been straight up.
Semi's such as NVDA, AMD and QCOM are what is propping tech. While SPY had a bearish day on Friday, the continued upside pressure from QCOM, AMD and NVDA salvaged QQQ and its important to pay attention to the strong performers right now if you are an NQ1! or QQQ trader (just generally a...
Qualcomm is showing some incredible resilience off the lows and I'm curious to see if it could lead the semi sector on a potential move up. Were going to look to see if bulls can bid up this area.
Yesterday I entered the NASDAQ:QCOM trade as the price closed above the long term diagonal resistance zone.
I have several short term and medium term timeframe positions on $QCOM.
In the short term the price will likely encounter resistance at the $133 level, if we break that we can see $140.
The price is overbought as the oscillators show, so I will likely...
Here are some specific examples of companies that use Qualcomm products:
1. Samsung uses Qualcomm's Snapdragon processors in its Galaxy line of smartphones, including the Galaxy S22, Galaxy Z Flip 4, and Galaxy Z Fold 4.
2. Apple uses Qualcomm's Snapdragon X50 modem in its iPhone 14 lineup.
3. Google uses Qualcomm's Snapdragon 8 Gen 1 processor in its Pixel 6 and...
NASDAQ:QCOM Looks like it is breaking out of the triangle and hit the 200-Day Moving Average.
I broke above POC resistance with Big volume.
Upside targets:
$120
$124
$128
$140
Downside risk:
$110
It should be noted that the lower gap could fill full or partially before the stock can move up.
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...
Earnings estimated to be on 11-1.
Symmetrical Triangles are neutral until broken.
Support level below triangle with 3 touches. The more touches a support or resistance level has, the stronger the level becomes.
No recommendation
Just posting to look at later. Macro trend is bearish. Looking to see if price will continue this short minor pullback as depicted by the arrow. I think we will if we stay within the green range.
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.
![QCOM: QCOM Continuation Play [PUTS]](https://s3.tradingview.com/g/Gt5MxLoe_mid.png "QCOM Continuation Play [PUTS]")
