QUALCOMM IS A STRONG BUY
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QCOM price action has defined a ascending triangle, a strong breakout and bounce after the retest confirms the market structure is in play.The trade opportunity is to bet long entries from $87- $90 , the measure profit target is at $150 with a stop loss at $80.
this trade idea is validated if price trade below the ascending (green) trendline. it also important to note that this structure is formed on a HTF which will mean a start of a bullish run for this stock
Note
hang in there, this trade will be beautifully profitable
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