QCOM - Poor technical SetupNASDAQ:QCOM seems to have a poor technical setup which increases the likelihood of stock filling the gap under $100. Silver Lining is the last ER call where Mgt downplayed a China Lockdown owing to the fact that consumer handheld business outside China remains strong and potentially offset China loss. Personally I'm on the fence here with an Avg around $141 evaluating my next steps (May see how NVDA plays out this week after ER). QCOM is my 4rd largest position.
Current Portfolio as of 5/23:
Cash 23%
PG 13%
AAPL 11%
QCOM 10%
AMD 9%
MSFT 8%
NVDA 8%
CTRA 6%
MRVL 3%
GOOGL 3%
F 3%
WFC 3%
Disclaimer: My opinion on stocks are mine alone and not to be taken as Investment advice.