Qualcomm Trading Analysis (22/08/2025)
The trend is up. The stock is trading within the 365-135 EMA range. The downward truncated wave structure ended with the breach of the sloping channel. There is a bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator indicates an oversold condition.
Trade idea:
- Buy when the formation of the ascending wave structure begins to form.
- Stop-loss at 152.93.
- Price targets are 157.00 and 159.50.
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