The Long Investor
patreon
$QCOM - WATCHLIST -
🕑 Added 2025-05-08 12:02:31 +0000 UTCVery interesting here from $QCOM
Very similar setups to $AMD and $ASML, where all three look to have completed their ABC pull back and testing their own 200 WMA shortly or right now.
$QCOM is testing its 200 WMA today.
We can also see that there has been 2 perfect cycles since 2019 too.....5 Waves up, 3 waves down X 2.
If history repeats itself again and we know that this is how waves work, if there is break above the 200 WMA and holding at $146 then pattern can repeat again for another 5 waves higher to $255.
$QCOM is not in the same cycle as $NVDA, this is important.
Comments
MCAL
This is so timely! Thanks Cap! I have had this for years, and was debating selling. Will now monitor with this chart.
David Köster
Very much appreciate your update on this one! Looks quite promising.
