NokiMo
The Long Investor
The Long Investor

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$QCOM - WATCHLIST -

Very interesting here from $QCOM

Very similar setups to $AMD and $ASML, where all three look to have completed their ABC pull back and testing their own 200 WMA shortly or right now.

$QCOM is testing its 200 WMA today.

We can also see that there has been 2 perfect cycles since 2019 too.....5 Waves up, 3 waves down X 2.

If history repeats itself again and we know that this is how waves work, if there is break above the 200 WMA and holding at $146 then pattern can repeat again for another 5 waves higher to $255.

$QCOM is not in the same cycle as $NVDA, this is important.

$QCOM - WATCHLIST -

Comments

This is so timely! Thanks Cap! I have had this for years, and was debating selling. Will now monitor with this chart.

MCAL

Very much appreciate your update on this one! Looks quite promising.

David Köster


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