Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.54

-2.1%

3:20 PM EST

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To: Ruffian who wrote (53970)	12/14/1999 12:48:00 PM
From: Jim Willie CB	Read Replies (4) of 152472

TA: bullish inverted triangle identified before Thanksgiving with target stated as 430-435 we hit the target... the triangle's thrust upon breakout has been realized it was a 40 point upsurge... 3/8 retraced is 15 points that would retrace to 420 from 435... we have seen it we should rest for a day or two now after completing the called-for lift from the triangle we next will build a little base in the 420's for the next move any tangible news and we move again, hard and fast TA rules / Jim

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