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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.35-0.4%3:59 PM EST
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To: Maurice Winn who wrote (37418)7/30/1999 8:08:00 PM
From: KyrosL  Read Replies (3) of 152472
 
Maurice, TA "theory" says that this is a potential head and shoulders. It will become a genuine head and shoulder only if the index breaks decisively below the neck at around 400. Then, always according to the "theory", it should drop about 300 points to 100. Let's see it this pans out in the next year or so ...
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