Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 166.81

-4.1%

3:59 PM EST

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To: Jill who wrote (65644)	2/1/2000 9:46:00 AM
From: Jim Willie CB	Read Replies (5) of 152472

TA: the 18day MA was at 152-154 two weeks ago it now is around 140 heading downward for last 6 days it surely could flatten and turn up my experience is that when downward MA's are encountered, at least temporarily, the stock meets selling then after recovering, the MA's are becoming more aligned I see 140 area as a rest stop for this impressive reversal recovery China deal looks as though it has pushed us into the gap likely we fly the rest of the way to 140 any additional positive news like a Siemens deal, and we fly the French Expo is now, when does that get into full swing? we got the short cover relief rally I expected better yet, it resembles a solid V-shaped reversal pattern goodie/ Jim

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