QUALCOMM Incorporated
Panjang

QCOM - Qualcomm broke previous High - Short Term 180 ?

158
Hello Everyone,

Have a lovelly Weekend to all and hope you started a Weekend happy :))

Today i will try to make some new analysis and update my previous analysis as Quantum Stocks that i trust quite well , after my analysis go over %50 (Most of them) ;)))

Ok now Qualcomm , i do not want to write about it what they do etc. as everbody know what they do and probably no need to share financial informations.

Technical Part from my side:
On Wednesday it was broken the previous high level and on Firday it was closed in 166.85 which is near this level (166.50) . And if you have a look the Volume on Friday in chart you will see the pik , which is a good indicator for me to get support now from this level.
My expectation is , it will soon hit to 180 which is %8.5 over from today's price level.
2 Possible way to reach 180.
First one is go back to 163 then go up. If it will decide to do this then 163 would be perfect level to get.
Second one is continue to go up and hit 180.
It should not break the 163 , if so then this analysis is not valid anymore.

My final target is 194 - 195

I have already added QCOM to my watch list for next week.

This is just my thinking and it is not invesment suggestion , please do not make any decision with my anaylsis.

Have a lovely Weekend to all.

Penafian

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