Ð.....Is QCOM a buy here and now?
Stock has gone from $90 to near $64 and the support line, and currently trading in the $70 range.
Rode up on the 5G wave, tanked on the China tsunami.
Great buy, or a sucker's rally? Stay tuned.
BTW, I jumped on ERIC as I figured they'd be the one most to gain by QCOM's fall. So far, I'm losing that bet by a tad. However, for the longer term, ERIC seems like the right play.
Just my opinion, of course.