We keep waiting for NY open to go long with QCOM, if it heads up and finds support at our depicted level. Take your look at the depicted chart for more info. We will monitored when the trade is active.
There had been a high number of warning signals that this takeover might be facing problems about security reasons for the U.S. Government and that its not sure, that the take over by Broadcom will be allowed. Its sometimes a lot or work to read all facts and news - but its never a mistake.
Quote: "It seems that Broadcom was aware that Trump or his Justice Department might attempt to block the merger on these grounds and has been trying to avoid it. Trump has blocked similar takeovers before, having stopped a Chinese state-owned company from buying an American semiconductor firm back in September"
theverge.com/2018/3/12/17111766/broadcom-qualcomm-acquisition-blocked-trump-national-security
whitehouse.gov/presidential-actions/presidential-order-regarding-proposed-takeover-qualcomm-incorporated-broadcom-limited/
Quote: "It seems that Broadcom was aware that Trump or his Justice Department might attempt to block the merger on these grounds and has been trying to avoid it. Trump has blocked similar takeovers before, having stopped a Chinese state-owned company from buying an American semiconductor firm back in September"
theverge.com/2018/3/12/17111766/broadcom-qualcomm-acquisition-blocked-trump-national-security