Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.01

-0.3%

3:59 PM EST

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To: Teresa Lo who wrote (36772)	7/22/1999 1:05:00 PM
From: Doug R	Read Replies (2) of 152472

"Can you elaborate on your particular analysis technique that sees QCOM downs to 100? " It's kind of difficult in this medium but it involves the price climbing over a particular trendline set up by QCOM in Jan and "activated" as to its significance by 2 days of particular chart activity in March. The method is well over 90% accurate in the rare occasions it occurs. The most recent well-known stock that fell into this technique was AOL when it topped out in April. CMNT, IATV, SFE and ASTN are other recent examples that can show you how the chart can be expected to progress from here. I teach the technique in a TA seminar I give along with a bunch of other cool "stuff" like it. One of the recent attendees pointed out QCOM to me as one that fit the technique at this point. Message 10586105 I've seen it fail to work just...once in the last 4 years on well over 100 charts that I am aware of. Doug R

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