Post
$QCOM
$QCOM is trading near 248.6 with a +0.61% move, sitting right under a major reaction zone.
The daily move is not huge, but the location is interesting. Buyers are still keeping it green, and the 250 area is the level that could decide the next move. If $QCOM clears 250 and holds, continuation becomes cleaner. If it rejects there, a pullback toward 242–245 would be the safer area to watch.
Watch zone: 242.00–249.50
Key support: 238.00
Key resistance: 250.00
TG1: 253.00
TG2: 258.00
TG3: 266.00
Stop loss: 232.00
Invalidation: Below 230.00
Risk management note: Do not chase directly into 250 without seeing how price reacts there.
Pro tip: Round resistance is where good setups either confirm or expose weak buyers.
Would you wait for $QCOM above 250, or watch for a pullback closer to 242?
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