QCOM hit resistance at 150 after an earnings gap up and is now forming an ascending triangle that should end soon as the rising lows force a new high. Buy point would be the top of the triangle or just past 150 to break that resistance. The 10d ATR (x2.7) asks for 11.24% stop and a position size of R8.9. An alternative is to use the low of the triangle as a stop loss.
Buy Point: 149.85
Stop Loss: 11.24% (133.01)
Position Size: R8.9
Alternative
Stop Loss: 7.55% (138.53)
Position Size: R13.24
Buy Point: 149.85
Stop Loss: 11.24% (133.01)
Position Size: R8.9
Alternative
Stop Loss: 7.55% (138.53)
Position Size: R13.24
Website: drewby.com
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
Website: drewby.com
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
Twitter: twitter.com/drewrobbins
All ideas are for information purposes only. I may or may not invest in the stocks discussed. Before investing in any stock, do your research and trade using your rules.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。