Learn to Evaluate (QCOM) using the Charts
February 02, 2025, 08:44 am ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for QCOM
- Buy QCOM near 167.03 target 189.8 stop loss @ 166.55 Details
The technical summary data tells us to buy QCOM near 167.03 with an upside target of 189.8. This data also tells us to set a stop loss @ 166.55 to protect against excessive loss in case the stock begins to move against the trade. 167.03 is the first level of support below 172.93 , and by rule, any test of support is a buy signal. In this case, support 167.03 is being tested, a buy signal would exist.
- Short QCOM slightly under 189.8, target 167.03, stop loss @ 190.35 Details
The technical summary data is suggesting a short of QCOM as it gets near 189.8 with a downside target of 167.03. We should have a stop loss in place at 190.35though. 189.8 is the first level of resistance above 172.93, and by rule, any test of resistance is a short signal. In this case, if resistance 189.8 is being tested, a short signal would exist.
Swing Trading Plans for QCOM
- Buy QCOM slightly over 177.57, target 189.8, Stop Loss @ 177.06 Details
If 177.57 begins to break higher, the technical summary data tells us to buy QCOM just slightly over 177.57, with an upside target of 189.8. The data also tells us to set a stop loss @ 177.06 in case the stock turns against the trade. 177.57 is the first level of resistance above 172.93, and by rule, any break above resistance is a buy signal. In this case, 177.57, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short QCOM slightly near 177.57, target 172.36, Stop Loss @ 178.08. Details
The technical summary data is suggesting a short of QCOM if it tests 177.57 with a downside target of 172.36. We should have a stop loss in place at 178.08 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 177.57, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for QCOM
- Buy QCOM slightly over 173.39, target 175.88, Stop Loss @ 172.99 Details
If 173.39 begins to break higher, the technical summary data tells us to buy QCOM just slightly over 173.39, with an upside target of 175.88. The data also tells us to set a stop loss @ 172.99 in case the stock turns against the trade. 173.39 is the first level of resistance above 172.93, and by rule, any break above resistance is a buy signal. In this case, 173.39, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short QCOM slightly near 173.39, target 172.36, Stop Loss @ 173.79. Details
The technical summary data is suggesting a short of QCOM if it tests 173.39 with a downside target of 172.36. We should have a stop loss in place at 173.79 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 173.39, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Qualcomm Incorporated (QCOM) available here: QCOM.
QCOM Ratings for February 02:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Strong |
Neutral |
| P1 |
0 |
0 |
146.21 |
| P2 |
173.39 |
172.36 |
167.03 |
| P3 |
175.88 |
177.57 |
189.8 |
AI Generated Signals for QCOM
Blue = Current Price
Red= Resistance
Green = Support
Real Time Updates for Repeat Institutional Readers:
Instructions:Click the Get Real Time Updates button below.
In the login prompt, select forgot username
Type the email you use for Factset
Use the user/pass you receive to login
You will have 24/7 access to real time updates.
From then on you can just click to get the real time update whenever you want.
GET REAL TIME UPDATES
Our Market Crash Leading Indicator isEvitar Corte.
Evitar Corte warned of market crash risk four times since 2000.
It identified the Internet Debacle before it happened.
It identified the Credit Crisis before it happened.
It identified the Corona Crash too.
See what Evitar Corte is Saying Now.
Get Notified When our Ratings Change:Take a Trial
When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Qualcomm Incorporated (NASDAQ: QCOM) report below can help you understand how to do this. The trading plans for QCOM, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for QCOM:
pool ads
