Qualcomm (QCOM): NASDAQ:QCOM For Qualcomm Inc. on the weekly chart, we now assume that after the significant rise during the Dotcom Bubble for Wave (1), and having observed Waves (4) at $101.47, we are approaching the completion of Wave (5) / the first 5-wave cycle towards Wave I. We expect this Wave (5) to be in the range of 50 to 61.8%. This places us at a...
Fallen Wedged here off support.. look for a push back to 177-180 in the next 2weeks
At the close of March 22, 24, NASDAQ:QCOM has been moving 2 weeks in the high tight flag pattern. A breakout of this flag with high volume confirmation would be a valid buy point.
QCOM stock is in an upward trend, making Higher Highs and Higher Lows on 4H timeframe
Speed Up if needed, Loss a trade on qqq, qcom, and won on google but didn't enter due to news and all time highs
Reasons for bullish bias: - Entry is at breakout of HH - DOW theory, SL at last HL - Divergence is there, but entry is at breakout so let's see Entry Level(Buy stop): 158.62 Stop Loss Level: 134.44
Hoping to get a shot on these buy-zones. Around 120 is my first fib retracement zone and will be my first entry when it gets there. When it hits the second fib retracement zone at around 105 I will buy some more. Will be a longterm hold, just want to get it at a good price.
To make this trade, you will need an offshore account. With earnings having been reported, traders have little to no short term single stock 'event risk' on the horizon. The share is in a gradual upward trend with the structure and signal forming part of the re-emerging momentum category. Considering the analyst ratings since it's recent earnings, a number of...
Qualcomm Inc., (NASDAQ: NASDAQ:QCOM ) the global leader in smartphone processors, is charting its course for growth despite facing challenges in the form of a chip glut and sluggish demand for internet-connected appliances. As the company reveals its expectations for a modest recovery in 2024, a closer look at its recent fiscal first-quarter earnings report...
There is a Bearish Hammer at weekly Resistance on QCOM with the RSI pushing back down from its second test of the overbought level. This seems like Bearish RSI BAMM that could lead to QCOM coming back into the support range around $120. As a result I'v decided to open Bear Call Spread spreads on QCOM to offset my Bullish AMD Call Spread.
It will pull back and go higher from there per the usual behavior on breakouts like these. use a stoploss please. thanks!
Price struggling to stay inside the trend line, very much possible to see downside correction for a bit. Target 164 USD.
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...
A nice breakout. The chip industry is about to have a blow up. Get ready
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...