QCOM | Qualcomm Incorporated | The Bulls Area Back In QCOM

Qualcomm is an American multinational corporation.
It creates semiconductors, software, and services related to wireless technology.
It owns patents critical to the 5G, CDMA2000, TD-SCDMA, and WCDMA mobile communications standards.


Over the years, Qualcomm has expanded into selling semiconductor products in a predominantly fabless manufacturing model.
It also developed semiconductor components or software for vehicles, watches, laptops, wi-fi, smartphones, and other devices.

Technical Analysis:
The price created a "Descending Channel" pattern and now we can see a clear
the reaction that it is trying to move up again.

Considering that all the indexes are also recovering and on the other hand FED is
making the impossible to push economic growth, QCOM can reach the targets on the chart
very soon.

Thank you and Good Luck!