QCOM possible Gap Fill play
Missed play breakout of resistance but the confirmation of strong demand found with current daily volume
- long above resistance for a gap fill to next resistance or to volume node (86-88) level. Confirm break of resistance with volume.
- confirmation of confluence area above sloping trend line and 81.90 resistance, break above both 100 and 200 moving average with volume
- If it does not break current resistance immediately look for a pullback @ 82 level
- long above resistance for a gap fill to next resistance or to volume node (86-88) level. Confirm break of resistance with volume.
- confirmation of confluence area above sloping trend line and 81.90 resistance, break above both 100 and 200 moving average with volume
- If it does not break current resistance immediately look for a pullback @ 82 level
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