WATCH $QRVO

Bearish/Bullish

Fundamental


- High inflationary Macro environment / no fear sentiment
- Funds not accumulation
- Positive PE
- Positive PEG
- Positive P/FCF
- Bad Sector / Industry / Leader
- Long term uptrend with good R/R however demand in Semi-con might be lacking / over supply


Technical

- Momentum Theory Indicator - waiting to bottomed
- Price action formation ( falling channel )
- Yet to break Trend line
- Price 200MA
- Price above POC
- ST not ok
- No Bullish Candlestick pattern / formation





Entry idea

- For members


Stop loss depending on entry and risk appetite. But always set meaningful stops.

"Discipline is rarely enjoyable but almost always profitable."

Cheers and happy trading!