Schwab Network

Chart of the Day: QCOM Upgrades


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Multiple Street analysts upgraded Qualcomm (QCOM), with both Loop Capital and Wells Fargo lifting the semiconductor stock ahead of Tuesday's open. Ben Watson breaks down the technical patterns developing for the QCOM chart, looking at a shorter-term range between $144-$139. On a 2-year chart, Ben points to QCOM's highs near $230 in mid-2024 and the drop below its 50-day moving average so far in 2026.


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