Qualcomm: ⬆️ Buy
– Qualcomm broke strong resistance level 177.00
– Likely to rise to resistance level 183.00
Qualcomm recently broke the resistance area between the strong resistance level 177.00 (top of the previous wave (B)) and the 38.2% Fibonacci correction of the downward ABC correction 2 from October.
The breakout of this resistance area should accelerate the active intermediate impulse wave (1).
Given the clear daily uptrend, Qualcomm can be expected to rise to the next resistance level 183.00 (former monthly high from November).
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