$QCOM - Trendline bounce

QCOM revisited long term trendline around $142.60 and bounced.
Target 1 - $157
Target 2 - $165
Target 3 - $176
Stop - $139
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines show support and resistance areas.
- Fib lines also show support and resistance areas.
- The dotted white lines show the price projection for breakout or breakdown target.
Disclaimer: Not investment advice.