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$QCOM
$QCOM is trading near 247.6 with a +1.39% move, keeping it one of the stronger TradFi names visible.
The price is sitting close to a key reaction zone around 248–250. Buyers are still active, but this area can attract sellers after a move. If $QCOM holds above 242–245 and clears 250 with control, continuation becomes more interesting. Below 238, the setup starts to cool down.
Watch zone: 242.00–248.50
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 the resistance zone blindly; wait for a clean break or support hold.
Pro tip: When price approaches a round number after strength, the reaction after the first test is the real signal.
Would you watch $QCOM for acceptance above 250, or wait for buyers around 242?
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