- Qualcomm broke strong resistance level 177.00
- Likely to rise to resistance level 183.00
Qualcomm recently broke the resistance area between the strong resistance level 177.00 (top of the previous wave (B)) and the 38.2% Fibonacci correction of the downward ABC correction 2 from October.
The breakout of this resistance area should accelerate the active intermediate impulse wave (1).
Given the clear daily uptrend, Qualcomm can be expected to rise to the next resistance level 183.00 (former monthly high from November).
- Likely to rise to resistance level 183.00
Qualcomm recently broke the resistance area between the strong resistance level 177.00 (top of the previous wave (B)) and the 38.2% Fibonacci correction of the downward ABC correction 2 from October.
The breakout of this resistance area should accelerate the active intermediate impulse wave (1).
Given the clear daily uptrend, Qualcomm can be expected to rise to the next resistance level 183.00 (former monthly high from November).
By the FxPro Analyst Team
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.