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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 159.42-1.2%Jan 16 9:30 AM EST

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To: Ruffian who wrote (67328)2/18/2000 10:30:00 AM
From: HairBall  Read Replies (4) of 152472
 
Ruffian: Yesterday QCOM price action broke above the falling resistance line. It then came back and tested the line for support and moved up into the close. My intraday indicators supported the initial move above the line, I went long. (However, I have never seen such Level II manipulation.)

As expected direction (at least short-term) was revealed yesterday. However one should note, QCOM has been filling its gaps as of late...something to keep an eye on!

I have unbooked marked this thread. To many self proclaimed TA experts that have this thread smoked, a guru that claims divine inspiration that spews vulgarities and degrades women, to many nasty self appointed thread moderators and just way to many folks that buy into the above...

Good trading to all...I am out of here...my last post!

Regards,
LG
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