Qualcomm Inc.
For those unfamiliar with Qualcomm: the leading company in the production of chipsets for the best Android smartphones in the market. Also active in the development of 5G, artificial intelligence, modems, and wifi antennas. For those wishing to learn more: https://www.qualcomm.com/
I entered long on this company with undoubted growth potential, after the rather violent pull-back in February, where the price has discounted well 25.89%!
Exclusive volumetric analysis of the private group (coming soon).
Technical Analysis: With Thursday’s close above the 137.27 level, QCOM nearly closed its November GAP. Very important strength index.
The uptrend is accompanied by good volumes, considering that the stock is unlikely to trade more than 20 million shares per day.
Also considering the volumetric analysis, here are my targets:
1st target: 147 $
2nd target: 152 $
3rd target: 160 $
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Lazy Bull
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