I am still in my Qualcomm long. It has a long way to go and nagging me at the back of my mind is the shortages of chips. However, they are making some key technical components for IT companies around the world including VR headsets which are becoming the next big thing. My target is conservative at $170. This is an ideal buying opportunity and my indicator has just put a buy signal in.
I may add more to this trade today but I’m currently looking at some other stocks/crypto options. I’m not sure how much the ship stuck in the Suez canal is going to affect all this but I think the effect will be short term as the goods that they need are not perishable.
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