Qualcomm (QCOM)
Qualcomm Inc.
For those unfamiliar with Qualcomm: leading company in the production of chipsets for the best Android smartphones in circulation. Also active in the development of 5G, artificial intelligence, modems, and wifi antennas.
I entered long on this company with undoubted growth potential, after the rather violent pullback in February, where the price has discounted well 25.89%!
Technical Analysis: With Thursday's close above the 137.27 level, QCOM nearly closed its November GAP. Very important strength index.
The uptrend is accompanied by good volumes, considering that the stock is unlikely to trade more than 20 million shares per day.
Also considering the volumetric analysis, here are my targets:
1st target: 147 $
2nd target: 152 $
3rd target: 160 $
Lazy Bull
For those unfamiliar with Qualcomm: leading company in the production of chipsets for the best Android smartphones in circulation. Also active in the development of 5G, artificial intelligence, modems, and wifi antennas.
I entered long on this company with undoubted growth potential, after the rather violent pullback in February, where the price has discounted well 25.89%!
Technical Analysis: With Thursday's close above the 137.27 level, QCOM nearly closed its November GAP. Very important strength index.
The uptrend is accompanied by good volumes, considering that the stock is unlikely to trade more than 20 million shares per day.
Also considering the volumetric analysis, here are my targets:
1st target: 147 $
2nd target: 152 $
3rd target: 160 $
Lazy Bull
Check my PnL and much more ----> Website
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