Hello fellow traders and investors, here's another trade idea. QCOM has recently pulled back to the support area, if QCOM makes a full recovery it offers a 24% ROI.
Technicals: The Macd indicates that it's oversold and in an uptrend The EMA's have just crossed over and are in an uptrend
When To Buy: Now is a good time to buy.
When To Sell: I recommend selling in the take profit area offering around a 24% ROI.
Fundamentals: QUALCOMM, Inc. engages in the development, design, and provision of digital telecommunications products and services. QCOM is sitting at a P/E of 22, a debt/equity of 2 which isn't great however they have a sales growth of 62% Q/Q, an Earnings Per Share growth of 166% Q/Q, and an ROI of 25%.
Rating: 90/100 since I like the technical setup a lot in this scenario and the only reason why they didn't get a 100/100 rating is because of their debt/equity which isn't great.
NOTE: I don't think I will be buying for a few days now since the overall market especially tech will most likely be pulling back.
I hope you enjoyed this quick analysis and many more to come. If you enjoyed leave a like, follow, comment your thoughts and share this trade idea. Thanks.
Все виды контента, которые вы можете увидеть на TradingView, не являются финансовыми, инвестиционными, торговыми или любыми другими рекомендациями. Мы не предоставляем советы по покупке и продаже активов. Подробнее — в Условиях использования TradingView.