Hamilton's E-Wave Analysis

QCOM update

The usual then, March 7, 2013 and now charts;

Obviously our take on this stock was anything but perfect. It took a year longer and about $10 more than we expected. That is the Yellen effect. In the mean time the big picture, that of a large B wave, remains the best interpretation. Short-term it is near impossible to put a reasonable count on this stock but things will, no doubt, come into focus soon. The first target is at about $30, after that at $10.