I have no way of telling which way the Qualcomm (QCOM) earnings will eventually go.
But if I was long on this stock right now, I would be shedding every share that I owned. This stock has a huge, and by huge I actually mean ginormous distribution pattern, followed by a perfect overhead price resistance level that is causing all sorts of problems for this stock before it reports after the bell today.
So get out of this stock and rest peacefully after the market closes.
Here's the QCOM trade setup: