QCOM is facing a very strong – Piggington's Econo-Almanac

April 18, 2008 at 10:57 PM #190143

Participant

QCOM is facing a very strong resistance zone between 45 and 50. it’s extremely unlikely that it can break through that zone anytime soon. while the downside risk is much bigger. so i don’t think it’s a good idea to invest in QCOM at this moment.