Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 161.39

-1.9%

Jan 15 3:59 PM EST

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To: waverider who wrote (58349)	12/30/1999 7:05:00 PM
From: MileHigh	Read Replies (2) of 152472

Rick, I have had this discussion before with others. The 28-30 gap in the GSTRF chart is not a true gap, meaning there has been trading prior to that date in the 28-30 price range. We are referring to a true breakaway gap where there has been NO trades executed within the recent Q gap of 528.5 and 560 EVER. This gap could easily be filled, a 22% move down from todays close.... I know, all gaps are not filled, they usually are though. Also, commonly held TA is that the 528.5 (in this instance) is very strong support and should be bought... Regards, MileHigh

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