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Investor Alert: Bullish Trade Setup On QCOM

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This article is published in collaboration with Scutify, where you can find real-time markets and stock commentary from Robert Marcin, Cody Willard and others. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

Shares of QUALCOMM, Inc. (NASDAQ:QCOM) have a beautiful bullish consolidation pattern forming on the daily chart. This tells investors of a likely breakout surge in the stock price. With the current price of the stock at $58.20, investors can expect a move that takes QUALCOMM, Inc. to $63.00 in the coming weeks to months. The $63.00 target is calculated based off extension moves as well as a gap fill resistance. I am bullish on shares of QUALCOMM, Inc.

View ALL of my trades and Verified performance right now, click here.

Bullish investor breakout coming in shares of QUALCOMM, Inc.


This article was written by Anna B for on .

This article published in collaboration with Scutify, the best app for traders and investors. Download the Scutify iOS App, the Scutify Android App or visit Scutify.com.

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