After hitting the 10$ mark, the stock is very likely to rise up again, breaking the smaller downward trend, just like it did a couple of months before, and heading for the brown resistance line. Since the stock's price is fairly low, good profits can be made.
If you have any questions or different ideas, feel free to share them by leaving a comment.
The pink line represents long term trend and the green one a resistance that, if crossed, can signal a bullish trend. Moreover, the company just moved its fiscal domicile a few days ago to the US, so a new attempt of taking over Qualcomm is likely (this time it won't encounter president Trump's opposition).
Feel free to comment and share your opinion.
