After spending almost the last two years consolidating in an inverted triangle with support tested 8 times along the way, price has finally broken down. This is occurring as the Semi's are rejecting the retrace to the resistance of the major topping pattern that it recently completed, as shown below.
Semi's are under performing the broader market and give clear levels with which to manage risk. This looks like a good sector to look for short opportunities as the market continues to head lower.
If the QRVO price were to move above 66.83, I would close shorts and turn neutral on the name.