I really like Qualcomm
short here. It's at the 61.8 on the weekly. It's also at trend line
resistance as well as previous structure support
. While the market was up around 1.5% today, Qualcomm
barely moved only going up 0.38%. It has a history of rallying up resistance levels and then crashing down hard. For all these reasons I'm short QCOM
going into next week.