Qorvo Stock Bounces, But Charts Still Bearish - Starboard's Jeffrey Smith Sees A Comeback Play
1. QRVO stock rebounded 13.75% but remains down 46.10% yearly. 2. Activist investor Starboard Value buys 7.76% stake in QRVO. 3. Technical indicators show QRVO in a bearish setup. 4. Stock trading above the eight-day average may attract short-term traders. 5. General stock momentum, influenced by Starboard, requires investor attention.