Qualcomm $QCOM at $ 106.25 is a buy



The 98.20 level shown was QCOM's hit in January 2000. It broke above this level yesterday and closed at $ 107.19, hugely up 15.22% with a Gap.

We don't expect QCOM to fall below $ 98.20. Catching it on some retreat towards Gap filling, would be very difficult to predict and time. 

We had advised a buy at this live market price of  $ 106.25 during market hours. 

Holding QCOM for an extended period of time should be very profitable.

Comments