Did you spot this? And why QCOM should be on your watchlist.

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Did you spot this? And why QCOM should be on your watchlist.QUALCOMM IncorporatedBATS:QCOMTradeSentinelNotesRemarkable! This stock has produced relative strength (RS), and its SMA stack is setting up WHILE the market is producing more weak stocks than strong ones. (See my other posts/ideas about SOX, NDX, sectors and seasonality.) I do not take large long positions—even when a stock looks good—if the overall market is not moving in the right direction. I do not need to be the penguin left behind and freezing to death. I am happy swimming with the crowd—and then making my picks. But when a stock shows strength during such a phase, it has a good chance of becoming one of the winners during the market’s next up-leg. Early-to-mid momentum expansion emerging from a repaired long-term base: QCOM has reclaimed its fast/intermediate structure with strong RS, accelerating moving-average momentum and unusually clean upside participation, but the trend remains structurally incomplete until price decisively absorbs SMA100 near $185.60. 60 Seconds Read — QCOM 1️⃣ What do we see? QCOM has moved from prolonged weakness into Momentum Expansion. Price is above EMA8, SMA20, SMA50 and SMA150; 5-day and 10-day momentum rank at P88/P90; RS is bullish and rising; and participation is exceptionally clean at 6 high-volume up days versus 0 down. The unfinished business is SMA100 at $185.60, still about 3% overhead. 2️⃣ Thesis This looks like a genuine character change, not a routine bounce. Buyers control the short/intermediate trend and independent RS/volume evidence confirms that control. The long-term structure is simply lagging the momentum transition. 3️⃣ What validates the thesis? The strongest confirmation would be: continued holding above $167–169; RS remaining above its MA; price accepting above $185–186; volatility continuing to produce upward progress rather than rejection. That would convert an emerging expansion into a much more complete trend. 4️⃣ What invalidates the thesis? The real failure is not a normal EMA8 pullback. It is loss of the $167–169 reclaimed structure accompanied by RS deterioration and accelerating downside volatility. That combination would show the apparent trend transition failed. Bottom line: QCOM has a real multi-signal momentum edge. Watch the volatility regime, and treat $185–186 as the next structural proof point rather than an automatic barrier.