Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 163.32

+2.3%

Nov 21 3:59 PM EST

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To: jmac who wrote (65688)	2/1/2000 2:03:00 PM
From: Jim Willie CB	Read Replies (3) of 152472

JMac, check the chart we are filling the 130-140 gap the 18day Moving Avg and 30day MA are both at 137-140 also 140 was a strong strong former support line way too many buyers at that level are now selling they have a chance to break even and feel emotional relief they had been down 20% last week and felt pain most likely make sense? it will take some time to work thru, if possible I would hope the identity of the big European contract will be revealed also, a Fed rate hike relief rally might be sizeable both events should help to push us thru 140 we will see / Jim

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