something to keep on watch here. QCOM got a positive reaction after earnings which sent it flying on a gap up. Friday was an inside day and has a good shot to fill the gap above to $160. Be cautious, as the las two times prior to reaching this level, it sold off hard. Watch the week ahead and an invalidation would be a daily close below $145.
Trade closed: stop reached
failed to fill gap
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.
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.