QCOM w43 2020. Risky long to 132$. Better w8 correction to 100$
Whole Picture
Price in upward channel
Weekly
Uptrend reach its high.
Now its time to loose steam and get corrected for price.
If it is not good earning on Q3 it is better sell. and open from 112 - 118.
Price is on the top of channel. too risky to buy.
Case 1.
Positive Earnings and good political sitatuion = Long up to 143$
Open Now
TP 132$
SL 115$
Case 2 - more possible.
Weak earings in Q3. - deep correction to 100$
For now i think the best way is to work in short terms.
Price in upward channel
Weekly
Uptrend reach its high.
Now its time to loose steam and get corrected for price.
If it is not good earning on Q3 it is better sell. and open from 112 - 118.
Price is on the top of channel. too risky to buy.
Case 1.
Positive Earnings and good political sitatuion = Long up to 143$
Open Now
TP 132$
SL 115$
Case 2 - more possible.
Weak earings in Q3. - deep correction to 100$
For now i think the best way is to work in short terms.
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