Cup and Handle (s)
Updated
Irice is over top band with SMA on 80.
Price may chill shortly, who knows but there is an unfilled gap and borderline overbought with RSI on 80. A lot of momentum noted
No recommendation
QCOM has broken long entry for lower/smaller cup and handle and is fighting resistance from the cup top for a break from the larger cup and handle pattern/probable pull back in time.
I am Long QCOM.
Price may chill shortly, who knows but there is an unfilled gap and borderline overbought with RSI on 80. A lot of momentum noted
No recommendation
QCOM has broken long entry for lower/smaller cup and handle and is fighting resistance from the cup top for a break from the larger cup and handle pattern/probable pull back in time.
I am Long QCOM.
Note
The talking heads said it would never get over 160/but it did (o: Wait until it is not Overbought, and fly FREEBIRD!This is one I believe in.
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