Held27 days
Entry$149.07Close$176.98PnL+18.73%
72%
confidence
Angle Automotive growth is absorbing the Apple overhang faster than the post-earnings selloff implies.
The stock sold off after a light Q4 EPS guide, but the actual miss was tiny while revenue beat estimates and automotive revenue surged 61% YoY [#19, #49]. The stronger bull case is that Qualcomm’s diversification is still intact: management is targeting $40B of non-handset revenue, automotive has delivered 23 straight quarters of double-digit growth, and AI/edge opportunities are broadening beyond smartphones [#11, #50].
AI Status: QCOM closed with an 18.73% gain after a 27-day run that peaked near 22.91% before our exit signal ended the trade.
Qualcomm returned 18.73% from the 149.06 entry over 27 trading days before our exit signal closed the position. The trade topped out at a 22.91% peak gain with maximum drawdown held near 4%, giving back only about 3.4% from the high at exit. Momentum was still constructive on the daily chart with RSI near 62 and MACD above signal, though stochastics were overbought and weekly histogram remained negative despite turning up.
