QCOM is heading up because the 21dma has crossed up the 50dma and they are both well below the 200dma.

This is my magical indicator that I learned from weeks and weeks of study.

Trading at 55.40 tonight...
The next resistance looks to be at about 57.50.

Admission to the the May 18 55/57.5 long call dance hall will cost $1.16, with max profit of 93%

A more neutral outlook might go for the 52.5/55 Show at $1.55 with Max P. at around 60%

Or if gambling isn't your thing (...it kinda is, tho), the 50/52.5 game will cost $1.85 and you'd only take home 35% if you win.

Or if gambling is totally your thing, the 57.5/60 is .77 ie max profit of 225%. OH YASSS.





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