Only Short QUALCOMM, Inc. If It Breaks This Line, Target $56

This trade is simple. When the stock price of QUALCOMM, Inc. (NASDAQ:QCOM) breaks below the trend line sloping up (seen in the stock chart below), short it. QUALCOMM will head to the $56 level target gap fill. Classic stock chart setup here for experienced investors and traders. Simple and clean, trades like this are great.