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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 174.49+1.3%2:16 PM EST

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To: waverider who wrote (66905)2/15/2000 10:33:00 AM
From: HairBall  Read Replies (2) of 152472
 
Diamond H and All: I saw a little voodoo TA crop up so before I go off to my meeting this AM, I thought I would drop off another chart...<g>

Note the falling resistance line (dark green) and the rising support line (red) converging...if the red line fails to hold support the Q is likely to test the previous low. Something to keep an eye on...

My QChart QCOM 60-Minute Semi-Log Scale
marketdirectionanalysis.homestead.com

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My QChart Trend Lines

Green lines are resistance trend lines or resistance horizontal price action areas.

Red lines are supportive trend lines or supportive horizontal price action areas.

Gray lines are either resistance trend lines, resistance price action areas, supportive trend lines or supportive price action areas that have been broken. They can now act as either support or resistance depending on price action.

Dark blue lines are formation lines.

Light blue lines are previous formations.
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Good trading all...

Regards,
LG
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