Wednesday, July 2, 2014

QCOM nice trending stock

My comments on the article -
http://seekingalpha.com/news/1828945-qualcomm-buys-wigig-chipmaker-wilocity

QCOM has been consolidating at this level for a long time, what a beautiful  chart if you look at the weekly timeframe over 1 year.

Consolidation at this level is a good sign for more upward movement. Good stock.