Qualcomm Inc (QCOM)

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Perfect technical scenario

Qualcomm Inc. (QCOM) --This major telecommunications company that engages in the design, development, manufacture, and marketing of digital wireless products has been in a bull market since August 2002. In July of last year the stock broke from a consolidation followed by a golden cross. New breakouts from reversed head-and-shoulders formations in January and then again yesterday signal that QCOM is probably headed to $58 or higher.