Trading Idea:
QCOM (Qualcomm Inc) - Long Setup
🎯 Idea: LONG
⏰ Timeframe: Daily
📊 Pattern: Bullish Continuation in Established Uptrend
Fundamental Context:
Fundamental Score: 5/9 (Neutral).
Catalyst: Leader in 5G, IoT, and Automotive semiconductors.
Growth: Moderate Revenue + Strong Net Income Growth YoY.
Balance Sheet: Good (Debt Score: 9/10). Strong interest coverage.
Valuation: Fairly Valued on P/E; Overvalued on P/B and P/S.
Technical Setup:
Trend (D1): Bullish ✅
Entry: $164.27 (Pullback to dynamic support & confluence zone).
Stop Loss (SL): $158.40 (Below key support and the 20/50-period SMA confluence).
Take Profit (TP): $178.70 (Projected resistance target from measured move).
Momentum: MACD above signal line, RSI in healthy bullish range.
Risk Management:
Risk/Reward (R:R): 1:2.4
Position size accordingly.
Summary: Buying the pullback in a strong uptrend for a leader in essential connectivity technologies, targeting a run toward the next resistance level.
⚠️ Disclaimer: Not Financial Advice
This analysis is for educational and informational purposes only. It is NOT a recommendation to buy or sell any security.
Conduct your own research (DYOR) before making any investment decisions.
You are solely responsible for your own trades and investments.
Past performance is never indicative of future results.
Trading involves significant risk of loss and is not suitable for all investors.
#TradingView #QCOM #Long #Semiconductors #5G #IoT #Chips #Technology #TradingSetup
🎯 Idea: LONG
⏰ Timeframe: Daily
📊 Pattern: Bullish Continuation in Established Uptrend
Fundamental Context:
Fundamental Score: 5/9 (Neutral).
Catalyst: Leader in 5G, IoT, and Automotive semiconductors.
Growth: Moderate Revenue + Strong Net Income Growth YoY.
Balance Sheet: Good (Debt Score: 9/10). Strong interest coverage.
Valuation: Fairly Valued on P/E; Overvalued on P/B and P/S.
Technical Setup:
Trend (D1): Bullish ✅
Entry: $164.27 (Pullback to dynamic support & confluence zone).
Stop Loss (SL): $158.40 (Below key support and the 20/50-period SMA confluence).
Take Profit (TP): $178.70 (Projected resistance target from measured move).
Momentum: MACD above signal line, RSI in healthy bullish range.
Risk Management:
Risk/Reward (R:R): 1:2.4
Position size accordingly.
Summary: Buying the pullback in a strong uptrend for a leader in essential connectivity technologies, targeting a run toward the next resistance level.
⚠️ Disclaimer: Not Financial Advice
This analysis is for educational and informational purposes only. It is NOT a recommendation to buy or sell any security.
Conduct your own research (DYOR) before making any investment decisions.
You are solely responsible for your own trades and investments.
Past performance is never indicative of future results.
Trading involves significant risk of loss and is not suitable for all investors.
#TradingView #QCOM #Long #Semiconductors #5G #IoT #Chips #Technology #TradingSetup
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כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.