QCOM is close to its ATH around 192 area (from December). Really liking its value relative to other names in the semiconductor space and with the rotation that's going on right now could see it breaking through this level soon. Very bullish options flow...
This will be a great long opportunity on the next market bounce in about a week or so.
Knight_Trading22
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@ssinykin yep I think it’s ready for another breakout
ssinykin
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@Knight_Trading22, I do not see a sustained breakout to new ATHs anytime soon, tho. Every NASDAQ bounce for the next few months are likely to quickly turn into a black hole for even the best fundamental and technical setups. Book gains when you get them on the long side.