Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.81

-4.1%

Nov 17 3:59 PM EST

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To: jewishcarpenter who wrote (45985)	10/24/1999 10:05:00 PM
From: Vendit™	Read Replies (2) of 152472

JC I find pictures can be worth a thousand words. vend1.home.mindspring.com You can see in the above chart that $223 9/16 is a key level of upper resistance and a close above that level would represent a break out on a near term basis. Lower level support is at $208 7/8 and then $198 1/2 in that order. I saw the buy signal indicators posted earlier by someone showing a MACD 8-17-9 and Stochastics cross over buy signals which I have confirmed as real. I say that Q moves to new highs above Fridays resistance tomorrow. i.e. a close above $223 9/16. I will take the same liberty as you and qualify this as a healthy market being a must. Take care Vendit

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