The QUALCOMM Incorporated Swing Trade – $QCOM

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Who is Qualcomm Incorporated?

Qualcomm develops and licenses wireless technology and also designs chips for smartphones. The company’s key patents revolve around CDMA and OFDMA technologies, which are standards in wireless communications that are the backbone of all 3G and 4G networks. The firm is poised to be a leader in 5G network technology as well. Qualcomm’s IP is licensed by virtually all wireless device makers. The firm is also the world’s largest wireless chip vendor, supplying many premier handset makers with leading-edge processors.

 

QCOM Swing Trade Breakdown from 9.17.2020

 

Eyes on QCOM based on the TT Blackbox Platforms Twitter Text Alerts.

 

Took the time to complete some of my own QCOM Due Diligence. The TT Blackbox algorithms alerted QCOM as a bearish swing trade alert at 9 am CST. Entered trade at $116.34 on 9.16.2020, and exited partially Premarket and the rest at market open with an average exit price of $111.44.

For all of you wanting to know how I decide to enter and exit my trades, I have listed those key points below:

  • I have created a watchlist of the tickers I like to trade the most. Download my watchlist right “HERE”
  • I review that watchlist against the alerts from the TT Blackbox each 5-minute interval.
  • I focus on the $VIX. This measures volatility in the market. If volatility is moving up, the market is moving down, and vise versa. This simply means I start here and does not mean I will not trade against the market.  However, I do not recommend that for the novice trader.
  • Once I know the direction of the market, I start to focus on the tickers moving in that direction.
  • Once these tickers alert on the TT Blackbox, I typically wait till the closure of the next 5-minute candle and I enter.
  • I then immediately set a limit sell order for 5%.  Keep in mind I am trading shares in the price range of $30-$400 tickers so 5% is big money.
  • I exit my trades based on two points.  One, being the TT Blackbox stops alerting or alerts in the opposite direction, and two being my 5% target has been met.

Here is a screenshot of the tickers I watch daily:

This list is a starting point for those that, might think I only look at these…

Interested in more information on Trading with Webull Check Out the Below Links

 

Webull Desktop Application 4.0 with the Swing King

 

Trade Options on Webull

 

Webull Financial & Webull 6.0

 

What Does the TT Blackbox Platform Have to Offer?

Module 1 Blackbox Alerts – Our advanced Blackbox uses custom algorithms & predictive A.I. to locate the most accurate day or swing trades for the best chance of success.

Module 2 Why is it Moving Catalyst – Ever wanted to look for a trade that has a catalyst, but had a hard time locating one with all the information online? Or, have you ever been lost & frustrated while Googling the cause of pre-market stock movement? Don’t worry, we’ve got you covered! Benzinga breaks down the catalyst and delivers it to you in a one-sentence headline.

Module 3 Options Activity Flow – Hey options traders! We didn’t forget about you! Our options activity flow will show you where all of the smart money is trading in the market. This is extremely beneficial since you’ll be able to see all of the large institutional options trades. Let’s face it, they control the market which also means that they are going to make better trades than retail traders. Our options activity flow makes your day to day trading easier. Simple!

Module 4 Breaking News – Breaking News is delivered straight to you in a clean and intuitive format. Our information flows directly from Benzinga, the very best in stock market business news.

Private Twitter Text Alerts – Created especially for those not able to sit in front of the PC continuously.  Offers Penny Stocks, Swing Trades, Entry & Exit Prices, and Target Prices for Swing Trades.

Tradingview Proprietary Breakout Scripts – We offer access to a Swing Trading and Day Trading proprietary Breakout Script for Tradingview charts.

 

 

 

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