Sentiment play: Worldwide 5G Phones Replacement
Based on Fibo retracement currently at strong support.
If break the support, to execute CL immediately, 1% below the support.
TP at fibo extension, 1.618 resistant.
There is no perfect trading. Ready to CL whenever require.
Qualcomm is probably the most violent stock on the planet. The resent trip to the moon was a result of the signing of a truce with Apple (APPL). Apple - the giant - had sued Qualcomm for $30 billion in an overcharging dispute. Qualcomm had fired back with a paltry $7 Billion counter-suit for lost payments. They settled their dispute and investors went into a...
QCOM shares will rise. The share price movement has completed its correction. The current 51 usd level is suitable for a long entry. I note that analysis is a month. The share is not exciting, but a year, 40% of profits are available. The first part of the upward wave that is emerging can last approximately 70 usd. Then I expect a correction of about 10-12%. Then...