If you zoom out you'll see a H&S pattern and the wedge I've outlined is the right shoulder ..
Right now we are currently around the neckline of that H&S
I've said this before in my post that unless support is broken on thar right shoulder, it could turn into a wedge; I've learn that lesson the hard way!!.
Qcom has earnings early February. I think between now and earnings we start heading towards that gap close.
Of course there is a major squeeze going on in the market right now but as long as Qcom stays under 130 I like this play.. B+ setup
I'll be buying Feb 17th 100P.. I'll let you know Via tweet when Im in...
Right now we are currently around the neckline of that H&S
I've said this before in my post that unless support is broken on thar right shoulder, it could turn into a wedge; I've learn that lesson the hard way!!.
Qcom has earnings early February. I think between now and earnings we start heading towards that gap close.
Of course there is a major squeeze going on in the market right now but as long as Qcom stays under 130 I like this play.. B+ setup
I'll be buying Feb 17th 100P.. I'll let you know Via tweet when Im in...
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.