Qcom - Qualcomm, Inc.

Discussion in 'Investment Charts' started by inthemoneystocks, Oct 3, 2017.

  1. inthemoneystocks

    inthemoneystocks Member

    Joined:
    Mar 2014
    Posts:
    12
    Likes Received:
    0
    Shares of QUALCOMM, Inc. (NASDAQ:QCOM) are on the verge of a major breakout. There is an inverse head and shoulder pattern in play. Price is right up against the neck-line, the breakout point. If price can push over $52.30, it should engage, sending the stock close to $57.00. See the stock chart below.


    [​IMG]

    Gareth Soloway
    InTheMoneyStocks
     
  2. JR Ewing

    JR Ewing Super Moderator Staff Member

    Joined:
    Feb 2014
    Posts:
    4,455
    Likes Received:
    31
    I certainly hope it breaks out. I bought 100 shares on a selloff at ~ $56 earlier in the year, and it's been a dog so far.
     
  3. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    640
    Likes Received:
    11
    Is the company about to beat Apple in the courts? Has some news leaked out?
     
  4. gowiththeflow

    gowiththeflow Senior Investor

    Joined:
    Jul 2017
    Posts:
    142
    Likes Received:
    3
    Starting to look a little stronger:-

    [​IMG]
     
  5. longtermbull

    longtermbull Administrator Staff Member

    Joined:
    Nov 2016
    Posts:
    640
    Likes Received:
    11
    Next resistance around $56 - interesting chart break out.
     

Share This Page