QCOM is pushing higher into a crowded resistance zone while still trading below the key weekly moving averages that define the broader bear structure. The short-term momentum is real, but the tape is telling two different stories depending on your timeframe — and where price goes from here will likely set the tone for the next meaningful leg. This is the kind of junction where the wrong read gets expensive. **1. Context — Bearish Structure Intact Until Proven Otherwise** The bias here is bearish, and the reason is straightforward: QCOM at 150.87 is still trading below the weekly 50 SMA at 155.53. That level is the line in the sand. Below it, this is a bear market structure, and any rallies are guilty until proven innocent. The weekly 21 SMA sits at 148.66, which price has now pushed back above — that's worth noting as a short-term positive — but the weekly 50 is what matters for the bigger picture. Until QCOM reclaims and holds above 155.53 on a weekly close, the bearish structure remains the operating framework. The daily 200 SMA sits at 156.51, essentially on top of the weekly 50. That's a convergence zone, and it's directly above current price. Two major moving averages stacked within a dollar of each other — that's not a coincidence, that's a wall. **2. Pattern/Setup — Bear Flag Attempting a Breakout** On the daily chart, QCOM has the look of a bear flag — a sharp impulsive leg down followed by a choppy, grinding recovery. Price has now bounced back toward the upper boundary of that structure, and we're seeing the kind of push that either confirms invalidation or sets up a clean rejection and continuation lower. The recent pivot high at 146.94 was cleared, which is a short-term positive for bulls, but the rally is now running directly into the heaviest resistance on the chart. That's the definition of a high-risk zone for both sides. Bear flags fail sometimes. This one is being tested right now. The next few sessions will tell us which side of that test we're on. **3. Key Resistance — Where the Rally Gets Contested** The first level I'm watching above current price is the daily 200 SMA at 156.51. This is the primary moving average that defines the long-term trend on the daily chart. QCOM has been below this level, and reclaiming it with conviction would be a meaningful structural shift. Just above it, the weekly 50 SMA at 155.53 forms that converged resistance zone. Together, 155.53 to 156.51 is the range price needs to clear and hold. A close above that zone on meaningful volume would be the first real signal that bulls are back in control. The VAH (value area high) from the volume profile sits at 159.99. Even if price pushes through the SMA cluster, 159.99 acts as the next ceiling — that's where the volume profile says significant supply lives. Beyond that, the longer-term resistance target is 184.45. That level is not in play near-term, but it's the upside extension if the structure resolves bullishly on the bigger picture. **4. Key Support — What Needs to Hold on the Downside** If the rally fades from here, the first real support to lean on is 132.73. That's a structural support level, and it aligns closely with both the daily 21 SMA at 132.39 and the daily 50 SMA at 134.80. There's a cluster of support in the 132 to 135 range — that zone is where bulls would likely try to establish a floor if price comes back in. Below that, the POC (point of control) and VAL (value area low) from the volume profile both sit at 130.84. The fact that POC and VAL are at the same level tells you where the bulk of the trading activity has been concentrated — that's a high-probability reaction zone on any deeper pullback. The weekly 200 SMA at 146.65 and weekly 300 SMA at 145.59 are now below current price and worth monitoring as near-term dynamic support. A pullback that holds above those two weekly SMAs would keep the short-term recovery narrative intact. The deep support level is 121.99 — the recent pivot low. That's the floor. Lose that and the structure deteriorates significantly. **6. Indicator Confluence — Momentum Extended, Watch for the Turn** The daily RSI at 74.38 is overbought. That's not a sell signal by itself, but it tells you the short-term move has been sharp and the room for additional upside expansion without a pause is narrowing. Price running into major resistance while the daily RSI is stretched above 70 is a combination that deserves respect. The daily Stochastic RSI has K at 89.39 and D at 84.31, with the StochRSI reading at a maxed-out 100. That's a fully extended reading. When StochRSI pegs at 100 simultaneously with RSI above 70, it doesn't guarantee an immediate reversal — but it does mean momentum has very little room to stretch further before something has to give. On the positive side, there is no bearish RSI divergence present on the daily. Price pushing higher while RSI follows is better than seeing divergence form — but given the overbought absolute levels, the lack of divergence is more of a "not yet" than an "all clear." The weekly RSI at 52.03 is neutral and not a factor either direction right now. **7. Levels at a Glance** Resistance / Upside (above price): * 155.53 — Weekly 50 SMA, bear bias line in the sand * 156.51 — Daily 200 SMA, long-term trend level, converges with weekly 50 * 159.99 — VAH, volume profile supply zone * 184.45 — Major long-term resistance target Support / Downside (below price): * 148.66 — Weekly 21 SMA, near-term dynamic support * 146.65 — Weekly 200 SMA, dynamic support on any pullback * 145.59 — Weekly 300 SMA, closely stacked with weekly 200 * 134.80 — Daily 50 SMA, part of the support cluster * 132.73 — Structural support level * 132.39 — Daily 21 SMA, rounds out the support cluster * 130.84 — POC and VAL, high-volume concentration zone * 121.99 — Recent pivot low, the floor **Final Thoughts** The structure here is a tug-of-war between short-term momentum and a bearish macro setup that hasn't been resolved yet. Daily indicators are stretched to the upside, and price is now sitting directly under the two most important moving averages on the chart. Bull case: QCOM clears and holds above the 155.53 to 156.51 SMA cluster on a weekly close, neutralizing the bear flag pattern and shifting the structure to bullish. From there, 159.99 is the next target, with 184.45 as the longer-term objective. Bear case: Price stalls and rejects from the 155 to 157 resistance zone — which is exactly where a bear flag's upper boundary would be expected to contain the rally. A rollover from here, loss of the weekly SMAs at 146.65 and 145.59, and a break below 132.73 would confirm bear flag continuation and open the door toward 130.84 and potentially back to the 121.99 pivot low. **Bottom Line** QCOM is at the exact level where this rally either becomes something real or confirms the next leg down. Watch the 155.53 to 156.51 zone — that tells you everything you need to know about who's in control. No hype. No bias. Just levels. Trade safe. Plan ahead. Win together.

Setup: QCOM gapped up on the Apr 24 open with the highest volume bar in the entire HTF window (~6M shares), breaking decisively out of a multi-week basing range between 127-135. The 4h structure shows a clear impulsive leg from the 124 lows all the way to ~161 at the open before pulling back to consolidate around 148-152 — the current price action is a first test of the breakout shelf. The 1h shows a higher-low structure forming just above the breakout gap fill zone near 145-148, with the last several bars compressing tightly around 148-152 on declining volume — textbook base-building after a vertical move. Flow: The OpenAI smartphone processor tie-up is a genuine new TAM catalyst, not a rumor. Options flow is overwhelmingly call-dominated: net bullish premium ~$1M, call/put volume ratio over 5x, bullish delta imbalance positive at ~15K. Largest prints are concentrated at the May-15 160C and May-01 155C — both positioned for continuation toward and through the prior HTF breakdown zone near 160-165. Semi sector leadership is confirmed intraday with QCOM leading relative volume among the chip runners. Plan: Stop sits below the consolidation shelf and gap fill zone — a close below that level invalidates the breakout thesis and suggests the gap is being fully faded. Target is the prior HTF resistance zone from the Jan-Feb 2026 breakdown area near 160-162, aligning with the highest-flow options strikes and the natural measured move from the gap base. Note-auction supply in ~3 hours is a modest headwind; if price fails to hold the entry zone into the afternoon session, the position should be exited early. 📍 Entry: 152.31 🛑 Stop: 148.5 🎯 Target: 161 ⚖️ R:R: 2.28

Trading Idea: Qualcomm (QCOM) — Trend Continuation with Strong Upside Potential Qualcomm is a key player in 5G, mobile chipsets, and on-device AI, positioning the company for continued growth as demand for connectivity and edge computing expands. The stock is showing signs of stabilization within a broader bullish structure, making it a candidate for continuation. Plan: Entry: Current levels or on pullbacks into support Stop Loss: $130 (below key structural support) Targets: TP1: $250 (major resistance / prior expansion zone) TP2: $325 (extended move in a strong bullish scenario) Thesis: лидер in 5G and mobile chip technology growing role in on-device AI business diversification (automotive, IoT) potential capital rotation into semiconductors Risk: breakdown below $130 invalidates the structure dependence on the smartphone market competition (Apple, MediaTek, others) Summary: This is a trend-following setup with defined risk and strong upside potential. If the semiconductor sector remains strong, QCOM could expand toward higher valuation levels.

This is an edge applications gameplay, keep on eye on edge computing and when people/media talk about it this will go parabolic. Target 500. Stop Loss 111. All the best !!

Trade Plan: QCOM • Direction: Long • Entry: 127.50 • Stop Loss:120.00 • TP1: 150.00 • TP2: 175.00 • TP3: 200.00 Take partial profits at each target, then trail stop to protect profits. Analysis based on market structure, volume profile and harmonic pattern. Not financial advice.

Take a look at Qualcomm (QCOM) through the lens of structure. Right now, price is trading deep inside the TrendGo Accumulate zone . That is important, because accumulation is rarely the part of the chart that looks strong. It is usually the opposite. Price weakens, confidence disappears, and the stock starts to look broken. That is exactly why these zones matter. TrendGo Accumulate is designed to highlight where a market may be transitioning out of expansion and into a phase of rebuilding. Not where the breakout is already obvious, but where conditions begin to reset. And on QCOM, that reset is now clearly visible. What stands out here: • Price is deeply extended inside the Accumulate zone • the stock remains under pressure, but is already trading in an area where broader cycle behavior can begin to shift • this is the type of location where the market often stops rewarding late sellers and starts preparing the ground for a new phase This does not mean the bottom is confirmed. And that is not the point. The point is that QCOM is no longer in a random area on the chart . It is now trading in a structural zone that deserves close attention. Most participants only become interested after recovery is visible. But real accumulation tends to happen earlier, when price still looks weak and the chart still feels uncomfortable. That is the situation now. So this is not about chasing strength. It is about recognizing that QCOM has entered a zone where downside extension may be less interesting than the rebuilding process that could follow . Definitely one to watch closely from here. Free TrendGo Accumulate available on TradingView.

Current Price: 127.11 (Analysis was generated on Monday Morning) Direction: LONG Confidence level: 45%(Professional trader snippets highlight Qualcomm’s weak smartphone cycle but emphasize low valuation (~11x earnings) and AI exposure, suggesting rebound potential. Social sentiment is weak and data volume is low, so conviction remains moderate-low.) Targets Target 1: 130.90 Target 2: 133.50 Stop Levels Stop 1: 124.00 Stop 2: 122.00 Key Insights: Here’s what’s driving this setup. Several professional traders noted that Qualcomm has dropped close to 20% over the past year, largely due to weaker smartphone demand and high chip costs. That short‑term pressure has clearly frustrated investors and explains why sentiment around the stock isn’t particularly strong right now. But the interesting part is the valuation argument. Multiple traders highlighted that Qualcomm is trading around roughly 11× earnings, which is relatively cheap for a major semiconductor company with strong licensing revenue. When stocks reach those kinds of multiples, traders often start looking for short‑term bounce opportunities. Another factor traders mentioned is Qualcomm’s indirect exposure to the AI boom. The company isn’t a primary AI infrastructure provider like NVIDIA, but several traders pointed out that it benefits as AI capabilities expand into mobile devices and edge computing. That “second derivative AI play” idea is why some traders still see upside once smartphone cycles stabilize. Recent Performance: Qualcomm has been under pressure over the past year, with the stock sliding nearly 20% during that period. The weakness came as smartphone demand cooled and semiconductor costs remained elevated. That said, the stock is now sitting in a valuation zone that historically attracts dip buyers, especially in the semiconductor sector where cycles often reverse quickly. Expert Analysis: Traders following the semiconductor space are split. Several professional traders emphasized the near‑term slowdown in mobile device sales, which directly impacts Qualcomm’s core chip business. At the same time, multiple traders highlighted that memory prices—particularly DRAM—are expected to ease over time, which could lower device costs and help phone sales recover. What caught my attention is that traders consistently pointed to Qualcomm’s valuation as the key reason to watch the stock now. When a profitable chip company trades near 11× earnings while the broader semiconductor sector trades higher multiples, traders often start positioning for a rebound trade rather than continued downside. News Impact: Recent macro discussions around inflation and energy shocks have made the broader market more cautious, and semiconductor stocks tend to react strongly to macro sentiment. That macro uncertainty partly explains why Qualcomm hasn’t attracted aggressive buying yet. However, if market conditions stabilize this week, the undervaluation narrative could quickly bring short‑term buyers back into the stock. Trading Recommendation: Putting it all together, I’m leaning LONG on Qualcomm for a short‑term rebound trade this week. The valuation argument and AI‑adjacent positioning give the stock a reason to bounce, even though sentiment isn’t particularly strong. I’d look for upside toward $130.90 first and potentially $133.50 if momentum picks up. Risk management is key here—if the price drops below $124.00, the bullish setup weakens, and a deeper move toward $122.00 would invalidate the trade. With mixed signals, position sizing should stay moderate.

QCOM bearish setup on weekly per wyckoff distribution schematic I am not in this trade as I was late catching this one. It would give an amazing RR if got an entry on the retest in Oct 2025.

📊 Qualcomm in a Downtrend: Key Zones for Continuation Qualcomm (QCOM) is currently showing a bearish structure on the daily timeframe, providing a clear context for trend continuation. At the moment, price is rejecting the 8-period moving average, reinforcing the short-term bearish bias. 🔍 Current Price Context During today’s session, the asset is making a bullish corrective move, likely seeking liquidity before continuing with the primary trend. The expected scenario is a potential move toward yesterday’s high, where a short opportunity could develop. 🎯 Key Trading Zones Two relevant levels have been identified on the 5-minute timeframe: 131.25 → intraday rejection zone 133.00 → higher confluence and precision zone The 133 level stands out as the most significant because: It aligns with yesterday’s high It represents the 100% retracement (TR) It increases the probability of a bearish reaction ⚠️ Trading Plan 📌 Primary scenario: Look for rejections at the mentioned zones to enter in line with the bearish trend. 📌 Optimal zone: 👉 133.00 as the most precise level 🧠 Conclusion The technical context favors a bearish continuation, as long as price respects the identified rejection zones. Patience and confirmation at key levels will be essential. #TrainingDeAltoNivel #QCOM #TechnicalAnalysis #Trading #Stocks #PriceAction

- Qualcomm reversed from resistance level 133.40 - Likely to fall to support level 128.00 Qualcomm recently reversed down from the resistance level 133.40, former support from the start of February – which stopped wave 1. The downward reversal from the resistance level 133.40 continues the active minor impulse wave 3, which belongs to the sharp downward impulse wave (C) from January. Given the overriding downtrend, Qualcomm can be expected to fall to the next support level 128.00 , low of the previous impulse wave iii.