Potential Wolfe Wave on $QCOM. Price is currently near Point 5โthe critical decision zone. No confirmation yet. Watching closely to see whether the pattern validates or fails before considering the projected Point 6 target. ๐
#TechnicalAnalysis#Stocks
Unusual closing print in $FOSL.
Right after the closing bell, at 4:00:01 PM ET, a block of 5,039,197 shares was executed at the closing price of $4.36.
Potential Russell 2000 closing cross or index rebalance?
$IWM #Stocks#SmallCaps
Qualcomm ($QCOM) is forming a Diamond Pattern within an uptrend, with a bias toward a downside resolution. A confirmed breakdown below support could trigger a corrective move. ๐ #QCOM#Qualcomm#TechnicalAnalysis
The Bullish Wolfe Wave Pattern on $ASTS has completed and reached its projected target.
Technically, the setup is now exhausted and a correction/consolidation phase becomes increasingly likely from here.