Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.32

+2.3%

Nov 21 9:30 AM EST

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To: Boplicity who wrote (50226)	11/15/1999 11:40:00 PM
From: Brian Malloy	Read Replies (2) of 152472

FWIW, As I read the chart, QCOM would actually have to go under $218 to break support. This has been a parabolic rise with many gaps along the way. We have not stayed anywhere long enough to call it a support level. What I think we are really seeing is a pull back to the 5-10 DMA where QCOM normally trades. We were way up and out of the channel. IMHO

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