Qualcomm Incorporated (QCOM) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.03

+1.0%

Nov 24 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: waverider who wrote (73595)	6/9/2000 9:08:00 AM
From: Jim Willie CB	Read Replies (4) of 152472

TA tidbit on QCOM: DiamondMan, tough call QCOM's recovery so far is looking symmetric this is critically important currently we saw QCOM price push over 75-76 so the bullish triangle topped by 75-76 is broken if we see a minor pullback at 90, then symmetric scenario is fortified symmetry would dictate selling when we return to 105, but that is aggressive it would dictate hot knife thru mouseturds up to 105 the only obstacles are Moving Avgs located at 92 and 100 I would look to lighten up over 90, or aggressively over 100 we are likely to play "units of 10" games on way back up translation: every mark of 80, 90, 100, we react and see some selling your 30 day vacation might do well over August timeframe I expect a post-earnings selloff during early/mid August this coincides with the annual tech swoon for final summer vacations / Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next