rudraprasad389

Long Term chart suggest a Potential buy for qualcomm

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NASDAQ:QCOM   QUALCOMM Incorporated
Based on the Technical Indicators , the stock is holding good levels and be invested in these level between 95 to 115 with a stoploss of 50.QC is leading manufacturer of 5G smart phone patents and chip makers and hold a commanding position in the chipset markets .Today PE of qualcomm stands as 11.74 X wheras industry PE is 28.X . Company seems to be undervalued at this point of time but suggests a good upside of 200 dollars in the coming years .Look at the chart indicators on all the time frames , the stock has made big dogi candle in last few months and after that bulls have taken the control . Betting big on these big giant companies on the upside.The views are completely personal and Please consult the finacial advisor before buying to this stock.
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Hold

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