technical analysis

And supportive seasonality is looming.
QCOM has moved lower on earnings 9 reports in a row.
Longer-term top formation could be in the making.
Go long on a strong close above $81, with solid volume.
Stronger dollar could hurt.
Shares have no chart resistance until they get back above $56.
Things are looking bullish.
Charts are pointed down.
A sell stop below $23 should be used to limit losses.
Stay positive on ITW as long as it does not trade below the April high of $106.

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