QUALCOMM QCOM On Downtrend Channel Breakout

  • Post category:Technology
  • Reading time:2 mins read
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Qualcomm QCOM stock has formed a downtrend channel breakout pattern on June 12, 2023. The stock is in a technical weak uptrend.

QCOM stock chart on June 12 2023 with a downtrend channel breakout chart pattern
QCOM stock chart on June 12, 2023, with a downtrend channel breakout chart pattern

Qualcomm is a technology company that designs and develops innovative semiconductor and wireless communication solutions. Their products and technologies enable smartphones, tablets, laptops, and other mobile devices to connect to the internet and communicate with each other wirelessly. They also provide software and services for automotive, healthcare, and IoT (Internet of Things) industries. Additionally, Qualcomm is a leader in 5G technology and has been developing and implementing it globally.

Google’s Pixel Watch 2 to have Snapdragon W5 chip, 9to5Google reports

On May 31, 2023, Google announced plans to launch the Pixel Watch 2 in fall 2023 alongside the Pixel 8 and 8 Pro, 9to5 Google’s Abner Li reports. According to sources, the watch will be equipped with a Snapdragon W5 series chip from Qualcomm (QCOM) and Fitbit Sense 2-like sensors. Source: https://9to5google.com/2023/05/30/pixel-watch-2-specs/

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