As we start into the back half of July, tech giant Qualcomm Inc. (NASDAQ: QCOM) continues to build on an uptrend that began quietly in April. It's not flashy, but this sustained rally matters for a stock that's spent much of the past couple of years frustrating investors with choppy, sideways action.
They haven't yet reclaimed their highs from February 2025, but shares are still up close to 30% from April's lows. The move is driven by a healthy pattern of higher highs and higher lows—a classic bullish setup likely catching the attention of technically minded investors.
