ContraryTrader

Qcom back to 123

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NASDAQ:QCOM   QUALCOMM Incorporated
Supply area rejection. currently sitting on 200ma, targets after that is 50ma and 100 ma at 135. Fib support at 132, a break below 132 will lead to the eventual 123.
Soxl chip sector has been weak ever since the distribution has started with NVDA.
Macd -Death cross
A break in that white trendline is a double top

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