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Seeing $QCOM the market chart I know, this long position is not a fake move this time.
Earlier when I was analyzing the chart, it was still hovering around 201.17. After consolidating at a low level for a while, it increased with volume, and the rebound signs were very obvious, so I initially took the long position idea off the table.
Now the price has already reached 252.15, and the profit and loss percentage has reached +499.34%, this profit margin can be considered realized.
Secure the profits first, take 70% off the table, and keep 30% to see if there’s another move later.
Protect the profits first, and the remaining position must have a stop loss; a pullback later is normal.
For those who haven't entered yet, wait for the next signal.
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