$QCOM Short @ 75.53, $1.79 Stop loss, $5.33 Target for a 3:1 R:R

After falling hard from strong resistance @ $82 down to $72, QCOM             has retraced half way up for a breath of air and appears ready to fall another leg down to previous resistance in the $70 area. You may also consider put options, bearish call spreads, or both.

All the best.
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