I am still looking for a reentry point myself, right now I think that the $39.5, the last "target" (#msg-3771684) is still the right area, if $40 is taken, QCOM could make a very fast $10 run to $50/$52.5, but frankly, I don't expect this till early next year, if at all. Between now and then, I think QCOM could indeed be available again in the $32.75 to $34 area. Mind you, RSI is getting close to 70% where QCOM more often than not took a spill.
Posted a lot of new setups at this link for those who may be interested...there are 4 pages of setups to access at the bottom of the page. The QCOM triangle breakout measures to the 39/40 area as you'll see on page 3...