Shares of Qualcomm (QCOM) have likely topped out in the near-term based on a stock chart showing a major top resistance trend line. Price tagged this line in the last few days after jumping from below $50 to above $75 in just a few months. The chart below showcases this trend line. This is a high reward short trade in the coming days/weeks.
Gareth Soloway
InTheMoneyStocks
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