Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 176.12

-1.8%

3:59 PM EST

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To: r.edwards who wrote (66921)	2/15/2000 1:51:00 PM
From: HairBall	Read Replies (4) of 152472

r.edwards: I always use stops...<g> Follow up chart to the one I posted this AM. My QChart QCOM 15-Minute Semi-Log Scale Notice how the price dropped below the rising support line (red) and bounced off the horizontal support/resistance price action area (gray line) and has since hugged the rising support line. marketdirectionanalysis.homestead.com ------------------------------------------------- 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. ----------------------------------------------- Just dropped back by my office to pick up some papers I forgot! Good trading all... Regards, LG

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