Qualcomm Inc (QCOM)

Qualcomm shares have gained momentum, climbing 28 spots in the past quarter within the SIA NASDAQ 100 Index to #43 in the neutral zone, reflecting improving relative strength. The 2% P&F chart shows a potential Cup and Handle formation, a hallmark of William O’Neil’s methodology, with near-term support at $173.62 and $157.26 and resistance at $207.50 and $224.60. With this O’Neil pattern emerging, we also applied his CANSLIM model using ChatGPT to quickly assess the stock’s fundamentals, and the findings are noteworthy.

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