Qualcomm Hits Oversold Territory as Reddit Sentiment Crashes Below 30

Qualcomm Hits Oversold Territory as Reddit Sentiment Crashes Below 30

Quick Read Qualcomm (QCOM) reported record Q1 revenue of $12.3B. The stock fell 18% year-to-date on weak guidance. Qualcomm’s Q2 guidance of $10.2B to $11B missed expectations due to memory chip shortages constraining smartphone production. Qualcomm hit an RSI of 21 in early February. Analysts maintain a Buy rating with price targets implying 20% upside. Finally! You can open a SoFi Crypto account and access 25 plus cryptocurrencies without …