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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.80+0.3%Dec 5 9:30 AM EST

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To: KaiserSosze who wrote (62844)1/18/2000 9:02:00 AM
From: HairBall  Read Replies (2) of 152472
 
KaiserSosze: Actually support has been on a rising support line off the 1/7 low. With that line roughly at the 139 area at the open. Pre market price action reveals that the rising support line is being challenged as I type.

If broken not just penetrated, I would look for a retest of the low on the seventh with support being in the 132/3 range. Next support should be in the 125/6 price action area.

Note: All references above are from a semi-log chart intraday intervals.

Good trading...

Regards,
LG
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