QCOM pulled back sharply into a consolidation.
Currently dancing precariously on a major support.
Earnings report can launch it or trap bulls below.
$ 164.00 - 165.72 zone is Golden Genesis + Covid fibs
$ 149.25 - 152.16 zone is Golden Covid + Genesis fibs
Losing both zones would be very bad for bulls.
Road back to the top has only solo fibs for hurdles.
IMO the odds ar that it dips to lower support below.
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.
Currently dancing precariously on a major support.
Earnings report can launch it or trap bulls below.
$ 164.00 - 165.72 zone is Golden Genesis + Covid fibs
$ 149.25 - 152.16 zone is Golden Covid + Genesis fibs
Losing both zones would be very bad for bulls.
Road back to the top has only solo fibs for hurdles.
IMO the odds ar that it dips to lower support below.
===============================================
.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
the Golden Ratio is my Religion
the Trading View is my Nation
the Moderator Tag is my Flag
the Trading View is my Nation
the Moderator Tag is my Flag
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.