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Strategies & Market Trends : Classic TA Workplace
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To: skinowski who wrote (132303)5/2/2006 10:28:02 AM
From: Henry J Costanzo   of 209892
 
QCOM.......I've been tracking the UT line from the July low through the Nov low.....We're very close, but looks to me that we still have some room on the daily chart before that is broken.. The weekly chart, however, is right on the line........with a little intraday overshoot yesterday.

Without ref the UT line, I had been thinking pullback to support ...at top of Jan-Feb triangle (49ish)....and around 50d SMA.......might be in the cards here......
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