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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject9/18/2000 8:37:34 PM
From: TraderMERL  Read Replies (1) of 100058
 
DrBob. TA on QCOM
QCOM penetrated its top Bollinger with MACD crossing center, fast signal above slow. The Chaikin Money flow is turning positive and the RSI and AD are forming higher highs and lower lows. QCOM held most of its gains on high volume today which IMO is a good sign. The oversold stochastics and histogram just above center suggest a pullback to near its 13 EMA just as EFCX did over the last few days before resuming its uptrend and possibly retesting the top Bollinger. Comments Appreciated
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