Upward ChannelStrong supporting oscillators and indicators. But possibly not for long. Riding current swing before strong reversal signals.
QCOM trade ideas
QCOm Detected possible stock repurchase!!!QCOM: qualcomm inc
2018-05-09 16:30:15
Detected possible stock repurchase
$QCOM Oversold at $50 Support$QCOM looking like a buy oversold at $50 support with earnings expected tomorrow (04/25) post-close. Expectations seem to already be fairly low heading into tomorrow. If QCOM reports a beat this could bounce 10%+ in the next week, with a couple overhead gaps to be filled. Risk/reward for going long here feels worth it.
Note: This is an opinion and is not investment advice.
qcom long play 200% profit potentialthe Triangle has broken through the resistance line at 26-Feb-14:30. Possible bullish price movement forecast for the next 2 days towards 67.9509
QCOM, Waiting for go long at NY openHi fellow traders,
We keep waiting for NY open to go long with QCOM, if it heads up and finds support at our depicted level. Take your look at the depicted chart for more info.
We will monitored when the trade is active.
Trade well!
makkaba team
QCOM Weekly: Pennant formation with downside target $32This is a long-term weekly chart on QCOM which completed an extended ABCD at the $81 level on Jul'2014. Currently trading near the top of a pennant formation with a clearly defined stop-loss level (ie. upper bound of pennant) with a huge potential if QCOM does break down and start a continuation CD leg to $32. This is a company fighting with its major customer (AAPL), turning down a premium bid from AVGO and shelling out top dollar for NXP. If AVGO walks away. management would have lots to answer for.
QCOM - Buy for Long Term InvestmentI think current price discounts all the negative information related to QCOM (Apple moving to Intel, Regulatory fines etc...).
If AVGO acquires QCOM then you'll have 25% return. If AVGO doesn't acquire QCOM and QCOM acquires NXP then that will be a huge plus for QCOM. NXP acquisition increases QCOM's margins down the line.
5G launch (Pilot phase in 2018 in USA and Japan. By the end of 2020 several countries will have 5G on full scale basis) will boost QCOM earnings significantly. Its agreements with Samsung, Oppo, Xiomi and other mobile manufacturers are major support. Any support from Apple will be just a bonus. 5G launch will make QCOM a top class investment for another 6 years.
Disclaimer: This is just my opinion, not an advice. Trade at your own risk.
#QCOM #short #stockQCOM has formed a small double top on the daily chart. Throwback has already completed. Play this as a short term play. Maybe play the the march thru may options. That being said, do not stay short in this stock for a long time. There is a large W formation on the weekly chart. On the monthly chart there is a strong rising trend line with recent declining trend line creating a wedge formation. QCOM's price action is compressing. Price compression can generate strong swings in either direction.
Daily
Weekly
Monthly
Not all stocks will die in this wave down (QUAL) Many tech stocks are overvalued but Qualcomm and intel are both still undervalued
Ranging BullHi guys. I'm seeing a ranging bull in this high volume stock. Expanding with range. Plus had some unusual options activity lately (you can look it up :) and have a nice day.
QCOM - Long term swing trade?Big double bottom on the monthly chart and looks like a really nice long term bullish swing trade here.
The current position of the symbolThe current position of the symbol (support and resistance ahead)
Without forecast
