Qualcomm Inc

QCOM remains in a Stage 4 decline with confirmed lower highs and lower lows below declining EMAs. Price trades below the 9EMA, 20EMA, and 50DMA, indicating persistent supply dominance and downward momentum. Short-term timing is unfavorable, supporting immediate Sell Now execution into the EMA resistance zone. Monitoring for any decisive reclaim above the 20EMA and 50DMA to reassess the medium-term posture.

• ↑Automotive revenue rose 59% YoY to $959M, aiming for $8B fiscal 29.
• ↑Returned $3.8B in Q3 including $2.8B buybacks; will return 100% FCF.
• ↓Memory supply constraints weigh on handset revenue, notably among Chinese OEMs.