Qualcomm Wave Analysis – 18 March 2026

Qualcomm: ⬇️ Sell

– Qualcomm reversed from resistance level 133.40

– Likely to fall to support level 128.00

Qualcomm recently reversed down from the resistance level 133.40, former support from the start of February – which stopped wave 1.

The downward reversal from the resistance level 133.40 continues the active minor impulse wave 3, which belongs to the sharp downward impulse wave (C) from January.

Given the overriding downtrend, Qualcomm can be expected to fall to the next support level 128.00, low of the previous impulse wave iii.