Qualcomm Breaking Down? We look to Sell a break of 170.96 (stop at 181.39)
Qualcomm - Short Term - We look to Sell a break of 170.96 (stop at 181.39)
Intraday signals are bearish. Previous support level of 174.00 broken. Closed below the 50-day EMA. We look for losses to be extended today. We look to set shorts in the early trade.
Our profit targets will be 138.48 and 130.12
Resistance: 174.00 / 190.00 / 200.00
Support: 164.00 / 150.00 / 125.00
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