QUALCOMM ST: the upside prevails as long as 146.9

QUALCOMM ST: the upside prevails as long as 146.9 is support

QCOM

Trading Central 2021-01-14 14:47:06

Our pivot point is at 146.9.

Our preference: the upside prevails as long as 146.9 is support.

Alternative scenario: below 146.9, expect 138.3 and 133.1.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 150.745 and 147.6114).

Supports and resistances:

184.3 **

179.1 *

173.7 **

168.5

157.42 (USD-last)

150.3

146.9 **

Disclaimer

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