Qualcomm's (QCOM) much-needed pullback is entering its third week. The stock is working on its fifth straight lower low while volume has remained well below average.
This phase of the pullback, which began to take hold on Aug. 20, has now pushed shares to within pennies of key support. A period of basing action near $60.00 following the completion of a healthy pullback would set up Qualcomm well for a fresh bull run....164 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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