Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 174.69

0.0%

Dec 24 12:59 PM EST

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To: Ruffian who wrote (54269)	12/16/1999 8:46:00 AM
From: Jim Willie CB	Read Replies (2) of 152472

TA: on doorstep of MACD crossover for QCOM my trusty charts and indicators say we are a twit away from a strong MACD crossover... this happens when the faster swinging 9day moving average intersects the slower 26day moving average (as best I understand it) the last time we saw a clear MACD crossover was Nov2nd, preceding the run to 400 another good day and we cross with certainty we need some above average volume for once I admit I dont know much about Technical Analysis the MACD caught my attention in the supermarket checkout line bidding over 426 whaddaya think? a fake prior to pulling back? or a real breakout? I think it will be easy as pie to see 435 quickly, testing highs / Jim Willie

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