Right now, it is in the $30 to around $33.5 or area (actually the top of the box was $32.5 but in times of general market exuberance, these can be shifted) This run could be the beginning of a run to $42 if I thought this market has a lot of upside room. I don't think so (my cash is at 62% as of right now, after taking some very nice profits). I am almost ready to put on my bear suit again, just waiting for few more things to fall into place. If that would happen, than I definitely think that QCOM could visit the mid $20' again.
Zeev
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