February QCOM Trade Working Beautifully

Stock QCOM

QCOM daily chart

QCOM has been behaving very nicely since I initiated a long position at 54.41 on 2/13/17. For starters, I managed to capture the $0.53 dividend on 2/27/17. Then yesterday (3/10/17) I sold 2/3 position at 58.74 with QCOM hitting my predetermined profit target area of 58.67 which represents the high from the massive selloff on 1/23/17. From here, looking to sell the remaining shares at or around 60 which I believe there will be some resistance as the area acted as support in July, August, and September 2016.