Qualcomm Incorporated’s stock price (QCOM) fell in the intraday levels while venting off overbought saturation in the RSI, amid the dominance of the main upward trend in the short term, as the stock is buoyed by trading above the 50-day SMA.

Therefore we expect more gains for the stock, targeting the resistance of $190.40, provided it settles above $177.60. 

Trend forecast- Likely Bullish