Shares of QUALCOMM, Inc. (NASDAQ:QCOM) took another sharp drop today after reporting earnings that were solid, but not amazing. In addition, the lawsuits are piling up which is clouding the future outlook. QUALCOMM is dropping over 5.5%, trading at $53.70. Investors would be wise to stay away from buying the chip maker until it hits major support at $50.00. This is when big traders and hedge fund investors have told me they will be accumulating. Based on the recent weakness, the stock may get there within days.


Investors analyze buy price the stock chart of QUALCOMM, Inc