Qualcomm (QCOM) at Multi-Month Resistance Area

Waiting for QCOM to close above $67.50 for a move higher

By Serge Berger, InvestorPlace Chief Technical Analyst


Those who have followed my trading over the years know that I like to track tight trading patterns.  As the broader market has corrected 4%-5%, Qualcomm (QCOM) is showing a multi-day consolidation period which is at a multi-month resistance area.

For more on how to trade QCOM today, watch the video below.

Serge Berger is the head trader and investment strategist for The Steady Trader. Sign up for his free Weekly Market Outlook Video here.

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