$Qualcomm(QCOM)$
* Higher lows
* Higher highs
* A steady recovery trend
If QCOM can hold above $240 into the open, many traders will view the overnight flush as a shakeout rather than a breakdown.
Key levels after the bell.
First battle:
* $240.84 (being tested now)
Next resistance:
* $243
* $245
Stronger recovery:
* $248-250 range
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