Trading Idea: Qualcomm (QCOM)

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Trading Idea: Qualcomm (QCOM)QUALCOMM IncorporatedBATS:QCOMOnerTrading Idea: Qualcomm (QCOM) — Trend Continuation with Strong Upside Potential Qualcomm is a key player in 5G, mobile chipsets, and on-device AI, positioning the company for continued growth as demand for connectivity and edge computing expands. The stock is showing signs of stabilization within a broader bullish structure, making it a candidate for continuation. Plan: Entry: Current levels or on pullbacks into support Stop Loss: $130 (below key structural support) Targets: TP1: $250 (major resistance / prior expansion zone) TP2: $325 (extended move in a strong bullish scenario) Thesis: лидер in 5G and mobile chip technology growing role in on-device AI business diversification (automotive, IoT) potential capital rotation into semiconductors Risk: breakdown below $130 invalidates the structure dependence on the smartphone market competition (Apple, MediaTek, others) Summary: This is a trend-following setup with defined risk and strong upside potential. If the semiconductor sector remains strong, QCOM could expand toward higher valuation levels.