$QCOM - Qualcomm Inc Bounce Back - Volume

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Despite a questionable downgrade and negative commentary the selloff in the stock has been very limited.
Today we seen a dip down to the 21ema and a strong reversal, buyers were happy to step in.
The stock is a laggard and still down 20% from its highs.
Alert set above the 8ema for a scale in entry with the dead cat bounce as strong resistance.
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