I addressed this question earlier today. Someone asked me in PM during the day on shorting QLGC, and I suggested $42 as a stop, whomever it is, I think that a stop of just above $41 should do on a print basis and a closing basis at around $40.90. Sorry, during the trading hours i used "memory" instead of looking at box charts. Similarly, if QCOM breaches $37.60, it could be in big troubles, probably first to $32.5 and if that is taken the mid to high twenties.
Zeev