Looking at QCOM to test 153.20 again
Following sold old support and resistance lines we've got a projection into my target.
Solid double bounce on the lower trend line, projecting into the purple paralell channel.
Likely resistance at the upper long term trend and the top of the paralell channel.
Looking for a squeeze with volume at 153.20 or a reversal to a lower trend.
Following sold old support and resistance lines we've got a projection into my target.
Solid double bounce on the lower trend line, projecting into the purple paralell channel.
Likely resistance at the upper long term trend and the top of the paralell channel.
Looking for a squeeze with volume at 153.20 or a reversal to a lower trend.