Qualcomm approaching reversal point (updated)In post published three months ago named "Qualcomm seasonal trading" I have pointed out the repeating seasonal pattern of this stock. Since then the share fell from $62 at the end of April to the bottom of $52.9 in mid July. Probably the correction has not finished yet however there are signs that we are approaching the end of summer bear market as second half of the year tend to be bullish for the stock.
