V Bottom
QCOM seems to be pulling back it would appear and solid support looks to be at 78 and 80 (ish)
QCOM looks to be in a rising wedge right now and could fall out.
Breakout from a V bottom would be over the prior high so possibly at 97.2. Due to stocks often pulling back when they reach a high as of late, unless the stock is SQ or PYPL, ETSY etc.. LOL..definitely do research and adjust accordingly.
Targets would be 120 to 126, then second targets would possibly be 143 to 155
I like this stock and feel it is a keeper. I have owned it since close to the bottom and plan to buy more when the time is right
QCOM looks to be in a rising wedge right now and could fall out.
Breakout from a V bottom would be over the prior high so possibly at 97.2. Due to stocks often pulling back when they reach a high as of late, unless the stock is SQ or PYPL, ETSY etc.. LOL..definitely do research and adjust accordingly.
Targets would be 120 to 126, then second targets would possibly be 143 to 155
I like this stock and feel it is a keeper. I have owned it since close to the bottom and plan to buy more when the time is right
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