On a fundamental basis we remain bullish on QCOM, however our proprietary money flow indicators are not keeping up with the bullish sentiment on Wall Street on this stock. Risk averse accounts should sell QCOM right here at $40.95 www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE
After analyzing NOKIA (NOK) results just reported, consider buying QCOM right here at$ 36.31 and add if the stock goes lower. If the stock opens over $37.5, consider scaling in lightly. www.thearorareport.com THE ARORA REPORT, Ltd. HOME OF THE UNIQUE ZYX CHANGE METHOD DEDICATED SOLELY TO PROFIT FROM CHANGE BY
QCOM was down yesterday on its COO Sanjay Jha leaving to become co-CEO of Motorola. Contrary to market reaction, we see the development as positive for QCOM. This will deepen the relationship between QCOM and MOT. Add to QCOM positions in $52 range. On a quick pop over $ 56,
Settlement with Nokia is a major change. Going forward, not only there will a be major reduction in ongoing legal costs, but more importantly a major distraction will be gone. Further , it is logical that in due course NOK ( Nokia ) and QCOM cooperate towards higher per unit