My favorite for the long term in AI as we go to the edge. Sell offs show you where the strength is. Many AI stocks are making lower lows, while QCOM is just consolidating. SMA's are starting to get tight. Love this both for investors and as a trade. The trade initiates with a close over 180 and above the SMAs.
On the investing side, you can see from price action they are still trading in their range when they were just a cell phone semi royalty company. Their data center chip they are projecting to be equal to their cell side, plus they are positioning Snapdragon as the stack for edge devices bringing compute on device. If you haven't dug into them I highly recommend it.
On the investing side, you can see from price action they are still trading in their range when they were just a cell phone semi royalty company. Their data center chip they are projecting to be equal to their cell side, plus they are positioning Snapdragon as the stack for edge devices bringing compute on device. If you haven't dug into them I highly recommend it.
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