Hi everyone,
Im not a financial advisor and this is not financially advised.
Qualcomm has really held up really despite all the corrections, I still believe it will fall due to Qualcomm being high growth tech, and im assuming FEDs will increase the interest rate, or at least come up with a plan of how they will raise it. this will have a big compact on the growth companies since they need to debt to grow rapidly.
Im not a financial advisor and this is not financially advised.
Qualcomm has really held up really despite all the corrections, I still believe it will fall due to Qualcomm being high growth tech, and im assuming FEDs will increase the interest rate, or at least come up with a plan of how they will raise it. this will have a big compact on the growth companies since they need to debt to grow rapidly.
Note
feds didnt raise interest rate as much, 0,25% and that why im not very bearish on qualcomm anymore. but now we have to observe for a couple of days, see how investors react with this interest rate since interest rate raise its kind of fatal for a tech growth companyNote
its seems like the interest rate have had a big impact on tech companies, im still bearish on this one until Earning & Revenue
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.