Qualcomm Wave Analysis – 19 May 2026

Qualcomm: ⬇️ Sell

– Qualcomm falling inside sharp downward correction b

– Likely to test support level 185.00

Qualcomm recently fell sharply after the price failed to hold the ground above the key resistance level 240.00 (former yearly high from 2024).

The price formed the far standing Japanese candlesticks reversal pattern logn-legged Doji which was followed by the sharp downward correction b.

Qualcomm can be expected to fall further to the next support level 185.00, former resistance from October, December and April.