QUALCOMM looking positive. Price pushing higher through December's resistance, but it will be interesting to see if it closes above it by the end of the day

Taking a look at QUALCOMM as it seems to be moving higher. Its price is breaking through the resistance of $147.04, though it will be important for the stock to close above this price level this week. Currently, its stock is trading at around $147.36 a share, and a close above $147.04 would be a bullish indication. This would create a potential set up for a move towards the next vital resistance of $156.64, a level last seen in July of 2022 (white trendline). We can clearly see a support base has been established in and around $101-$102, with various support levels prior. The first important one is at $133.21, which is also January’s low. A break and close below this low could perhaps increase the selling pressure leading to a further pullback towards $125-$126. Nevertheless, the technical indicators suggest substantial positivity. The MACD is positive and rising and RSI is following as it reads 67.