TA on QCOM Jim Willie, didn't i teach you how to read a chart on QCOM? it goes like this:
it's late. the air is thick. i kick off my high heels and slip into something more comfortable. i sit in the soft glow of the monitor. the mood is set. a perfect night for a little technical analysis. i call up the QCOM graphs and charts. examining the 5yr chart i see the massive accumulation coil forming , interesting it's forming an ascending triangle the 50dayMA has crossed the 200, the stochastics are in an uptrend and price supports at the MA in the bollinger bands. wait whats this? my god look at the volume on that stock. ok baby show me what you've got. i follow the lines on the graph. the gentle curving lines juxtaposed on the yielding and straining index movement. i throw myself into a calculating frenzy with wanton abandon. i explore the deep recesses of the lows, mentally following every deep penetrating plunge and rise in the stochastic. only to catch my breath before the rapid bollinger re-entry and ultimate upward thrust. the aesthetically pleasing intertwining courtship with the fibonacci sequences, the near lyrical dance of the line mesmorizes me. undulating the elloitt waves in a seductive manner. lilting and swaying ever so gently teasing my eyes in a rhythmic linear rumba. teasingly it traverses the upward trending momentum like the throbbing beat of a lovers heartbeat. it pulses in passionate palpitations heaving and penetrating. extricating itself from the constraints of the exponential moving averages, showing the promise of lusty pecuniary gains. i follow the voluptuous curves, a parabolic profundity, scintillating my senses. pulsating, oscillating, thrusting upwards and yes, yes, yes, oh baby, yes. culminating in carnal analytical gratification of zenith proportions...in summary, this is a HOT stock. she_x |