Trend line SCALP Bounce off support 140 SUPPORT
QCOM Has been trending upward for a couple weeks now - I decided to start trading semiconductor stocks and randomly thought of QCOM.
Take my ideas with a grain of salt as I am an ametuer but according to my analysis and looking through the order book this analysis holds true.
Anyway, I see trading down to the 140 range tomorrow during intraday then fading upward into the day .
My exit would be as soon as the order book tells me it’s time to get out as I mainly scalp options but I wouldn’t mind swinging this setup with the correct contracts.
Sorry for the not so detailed outline - I am new to this and would love feedback or how I could make it better.
Cheers.
Take my ideas with a grain of salt as I am an ametuer but according to my analysis and looking through the order book this analysis holds true.
Anyway, I see trading down to the 140 range tomorrow during intraday then fading upward into the day .
My exit would be as soon as the order book tells me it’s time to get out as I mainly scalp options but I wouldn’t mind swinging this setup with the correct contracts.
Sorry for the not so detailed outline - I am new to this and would love feedback or how I could make it better.
Cheers.
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