For those who formerly owned QCOM, I'm sure you're glad you got out when I suggested it. With it being unusually technically stretched far above its 200-week moving average, it posed high downside risks (as emphasized by the red arrows). It still could have much more downside to go.

Comments (2)
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Neon806
Neon806

Glad I got out when you suggested. I got out at $66. Any ideal on how much further down it could go? It is at $50 as of Feb 1.