$QCOM with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $QCOM after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 62.5%.
QCOM trade ideas
QCOM: More Room for Downside? 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 124.50
Resistance: 160.00 / 175.00 / 190.00
Support: 150.00 / 140.00 / 120.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
QCOM on the way down????My updated chart analysis of QCOM...I do have a short position in this stock with 10 Apr22 $170 puts & selling 20 Apr22 $165 calls...QCOM has had issues with getting over the $190ish area hitting it's head 4 times...We had an 11% run up off the start of the GAP at $155ish to a pretty big down day on 3/1 giving 50% of the gain back...Price is currently sitting on support 1 and will look to bounce or break...My outlook is that this breaks support 1 to retest the start of the GAP at the $155ish area...If it breaks that price range to the downside then this stock drops to at least $138ish area to fill the GAP...Happy Trading!!!!!!
Another short on Qualcomm. QCOMImmediate 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 levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
QCOM eyes on $164.00: a KEY support before 150 next floorPlotted above are here two different fib series.
Thick lines are of its "Genesis" (at birth) sequence.
Thin lines are the "Covid Stimulus" wave structure.
$ 164.00 is a Golden Fib on the Genesis Sequence.
$ 149.25 is the next stop if we lose the golden fib.
$ 174.11 is the key level above to break and hold.
Here is a snapshot of the Genesis Sequence:
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I do not use "Fibs" in the "traditional" manner (retracements).
I use Fibs to plot "Ripples" (extensions) created by "Impulses".
Then look for "Confluences" to map the "interference Pattern".
My TV collection of ideas detailing the Concepts:
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: 'one' Ping only
Chapter 7: The Mighty 2.618: like a Rook in Chess
.
QCOM Bulls Exhausting????QCOM is one of my fav stocks for 2022 and beyond...It is currently sitting on the 100MA on (support 1) if we get a breakdown of this I see this stock falling to the 200MA next then falling farther to fill the GAP which just so happens to be right around the bottom trendline at the $138ish area...If it breaks down from there then I see it testing support 2 at the $123ish area...QCOM is a great investment stock that has tremendous upside potential and they have been killing earnings...I currently have no position in this stock....Happy Trading!!!
strategy for QCOM friday 02/11/2022QCOM: bullish entry above ( 175.00 ) with possible take profit in the sell zone
QCOM: bearish entry below double bottom (173.00) below support at (170.90) wait for break of this
strategy for QCOM Tuesday 02/08/2022QCOM: sell zone ( 192.00 ) ( 190.55 ) buy entry above ( 178.00 ) take profit next to the sell zone.
QCOM: buy zone ( 159.28 ) ( 158.00 ) bearish entry below ( 174.00 ) possible take profit next buy zone
strategy for QCOM monday 02/07/2022QCOM: sell zone ( 192.00 ) ( 190.55 )
upward trend start price ( 181.00 ) in case of a breakout of the sell zone bullish continuation price ( 194.00 ) in case of a bullish opening
QCOM: bearish continuation price ( 176.00 )
Strategy: We will take entry above (181.00) to the sell zone in case of a bullish open.
low entry: we enter to sell below the sell price and support (174.50) we will take profits possibly in the buy zone in case of a bearish opening
QCOM ExpectationsQCOM gives and uptrend at closure of week#1 of Feb-22. The average price rising is too slow but it will keep its limits steady.
QCOM (04/02/22)Uptrend on short period basis. Buying price approx. $180.00. The close expected @ 182.45 by end of the day.
QCOM The stock heat-map shows that QCOM gives the highest performance (6.25%) among all electronics and technologies sector firms. Pricing at an enormous uptrend since last 27/01/22 as it was $161.20 and closing in last day of February @ $188.20. The BB indicator shows its stability and balanced fluctuations in hourly basis for quick investments. It looks the firm will last in this state for good time, so it is good for investments as the investment risk is at the minimum since pricing limits are well noticed.
QCOM to $193 then $200Qcom coming out of a double bottom after a major sell off. Bottom looks to be confirmed. Clear guidance for Bulls. Earnings Post Close 2/2/22. LFG!
qcom long from 166 Qcom bounced off 166 resistance turn support on friday. price moved today monday from 166 to 175. only looking for buy opportunities.
beware of economic data releases this week. Ism manufacturin and services data due this week.
RectangleFor now this rectangle is trying to break to the downside. It does look as if todays candle wick is struggling to stay inside the horizontal trading range.
I was wondering how long price would remain in the rectangle top with such a large gap underneath as well as the lack of a handle forming for the prior cup.
The 2 trendlines of the rectangle are marked in small white numbers and targets are over the rectangle had this broken to the upside. Targets beneath the rectangle are for a break to the downside (171.60) with a confirmed downtrend.
I am waiting on this one.
No recommendation.
A rectangle is a neutral pattern until a trendline is broken with a trend in that direction.
I see the FED guy is on TV right now and my alerts keep texting my phone like crazy right now which means stuff I have entered is hitting down targets I entered. I hope it is not more bad news )o:
BearishHi everyone,
Im not a financial advisor and this is not financially advised.
Qualcomm has really held up really despite all the corrections, I still believe it will fall due to Qualcomm being high growth tech, and im assuming FEDs will increase the interest rate, or at least come up with a plan of how they will raise it. this will have a big compact on the growth companies since they need to debt to grow rapidly.
bearsihthis is my personal thoughts.
this is not financially advised and im not a financial advisor.
End of the line for Qualcomm. QCOMForm 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 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 levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
Qcom trading on 159 support.Qcom trading on 159 support, an opportunity for investors to catch the train. Spring loading for 220 Target.
QCOM will bleedRide the current trend. Or stay in cash till it drops to $130.
Put options are too expensive at the moment so its not worth doing PUTS.
If shorting fees are low then go ahead.
I'm heavy cash waiting for the market to reverse.
Expect the market to continue to bleed for a few more weeks.
QCOM PredictionsHere is my insight on QCOM
For the bounce case
~ 4 hr chart has not broken the support yet signifying we could see a bounce before going through it.
~ slight RSI bullish divergence in last 2 days signifies a small pullback could come.
~ we are on the 0.382 fib zone which is a zone to watch since pullbacks on an uptrend like that zone.
~ After going down a whopping 14 percent, we are due for a dead cat bounce of a possible 2-5 percent
If bounce exists
~ Since we broke the 200 ema it is likely we could go back to it and bounce off. This PT/put entry point would be 169 - 169.50
~ The 1hr chart hasn't pulled back to the emas yet after crossing them. The 50 ema would be the first to touch and would be at 173-174 range, which ironically is also a big zone of resistance from previous bottoms. This would be the ultimate entry point for puts, and a good stop loss for puts...If we go higher than this we are going back on the bull run.
Puts case
~ the 4 hr chart has already broke and then bounced off the 200 ema. SO it is not out of the question that we can go lower.
~ We just need to break this support. once we break the support, we are going to go back up to it. I'd wait for the support to break and the bounce to occur before entering puts.
Qualcomm Breaking Down? 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 / 150.00 / 125.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
RectangleQCOM broke to the upside from a cup and never came back down to form a decent handle. QCOM also broke the neckline of an inverse H&S pattern at 138.88.
Price appears to be in a rectangle top which is a neutral horizontal channel until a trendline is broken in one direction or the other with a trend in that direction. Price often consolidates in neutral patterns like rectangles and triangles. The alligator appears to be consolidating as well.
A long entry would be a break of the upper trendline of 193.58 with an uptrend and vice versa for a break to the downside.
The targets listed are for the cup pattern, but one can guesstimate rectangle targets by the width of the rectangle then projecting it up or down.
Large gap under price and a cup that never grew a handle. I love this stock but id am watching for now.
No recommendation.
