Mar. 2 at 7:35 PM
$QCOM tested its supporting trendline ~
$130 and defended it once again. Over its 200 DMA again would confirm a bullish reversal and give it room back up within this weekly triangle ⬆️
Qualcomm just expanded its partnership with Ericcson
$ERIC to help expand its 6G efforts 🌐
$QCOM 1Y return: -9%. The industry average: +65.1%
$QCOM PE: 12.63 forward earnings. The industry average: 31.3. Could be a bargain right now!