For those of you who didn't heed my last call to exit Qualcomm (QCOM) at its previous highs...pay attention and exit the next time. Sure it could eventually breakout, but if you've averaged down at all when I suggested to...you'll have a large % return. The ones that listened last time saved themselves some time. Those that didn't heed it or weren't engaged enough on the site to see it missed out. Don't miss out again.

Comments
No. 1-18
Sean Hyman
Sean Hyman

Editor

Because of its fundamentals, it eventually gets there whether sooner or later. But technicals on charts are probabilities, likelihoods, statistical edges but not assurities.

This info is not for those who exited and took their profits but for those still remaining in it, that for whatever reason didn't take their profits last time around.

BridgetC
BridgetC

Sean: You said if it reaches that resistance zone. Thats a bit confusing (I no longer have any of this stock), but the conversation seems confusing (to me).

kenatech
kenatech

Not really too concerned if it breaks out. I'd rather just get out if it gets near the break-even point to increase my cash position to prepare for the inevitable market drop.

Sean Hyman
Sean Hyman

Editor

In your case, you might see if it breaks its resistance. But yes, having averaged down gives a great return even if it doesn’t breakout of it. Plus it would have given more dollars in dividends too in this case.

Stories