Qualcomm Inc, QCOM - Daily Sell stop breaking under $79Qualcomm Inc, QCOM - Daily
Sell stop breaking under $79, targeting $76, stop $80.3
I'm suspicious of Qualcomm up here as it has tracked along this easily identifiable trend channel for a long, long time now. Making money is never EASY in stocks and when it looks easy, then it is about to get VERY DIFFICULT in short order. That is what my experience has taught me, and the only way to get experience is to lose money on a trade. I have plenty of experience and that's why I'm here at TradingView trying to help you accelerate through the learning process.
QCOM trade ideas
QCOM Slips, Watch These Support levels This morning, leading digital telecommunications manufacturer Qualcomm Inc (NASDAQ:QCOM) is coming under some selling pressure. The stock is trading lower by 0.63 cents to $68.94 a share. Day traders can watch for intra-day support around the $68.51, and $68.00 levels. Both support levels can give the stock a small bounce during today's trading session.
Nicholas Santiago
www.InTheMoneyStocks.com
Qualcomm approaching reversal point (updated)In post published three months ago named "Qualcomm seasonal trading" I have pointed out the repeating seasonal pattern of this stock. Since then the share fell from $62 at the end of April to the bottom of $52.9 in mid July. Probably the correction has not finished yet however there are signs that we are approaching the end of summer bear market as second half of the year tend to be bullish for the stock.