Okay, now what is this September pattern on QCOM??
Me, I call it terrible. I feel like it is about to do something big, either fall to a new monthly low, or rise to a new monthly high. Neither is a significant breakout or breakdown. The chart I posted here is the last month. If you pull out to 1-year view you can see that they are all over the map. And if you pull out to 2 years you see that they may be about to fall off the cliff.
I might play this one for a longer-term put, but I’m really not so sure I want to play in this mess at all.