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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.460.0%1:22 PM EST

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To: Jill who wrote (65616)2/1/2000 9:21:00 AM
From: Jim Willie CB  Read Replies (2) of 152472
 
TA: theQ now faces the gap 130-140 again
this time is on the sunny side

the bottom pattern does NOT resemble a heel-type double scraping jackass water torture drip in your eye pattern

instead it so far is resembling a reversal bottom pattern

expecting a hesitation at the 130 doorstep here
maybe some very minor sliding back to mid-120's
as soon as Fed jitters fade, WE JUMP THE GAP

someone pointed out a MACD crossover indicative of a proper realignment of the shorterm MA with nearterm MA... I dont see it

we are bidding RTQ at 131 (goodie)
/ Jim Willie
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