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QUALCOMM Incorporated
Long

$QCOM - Qualcomm Inc Bounce Back - Volume

329
Despite a questionable downgrade and negative commentary the selloff in the stock has been very limited.
Today we seen a dip down to the 21ema and a strong reversal, buyers were happy to step in.
The stock is a laggard and still down 20% from its highs.
Alert set above the 8ema for a scale in entry with the dead cat bounce as strong resistance.
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FibonacciSupport and ResistanceTrend Lines

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FibonacciSupport and ResistanceTrend Lines
Xclusive-Trading
Discord : whop.com/xclusivetrading.com
Web: xclusive-trading.com/
Twitter : @XclusiveTrading
Email :info@xclusive-trading.com
Also on:

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.