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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 166.05+0.6%Nov 19 3:59 PM EST

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To: Boplicity who wrote (79751)9/8/2000 10:27:35 AM
From: HairBall  Read Replies (2) of 152472
 
Gregory Mullineaux: QCOM is swimming up stream this week. With the NDX/COMPX/SPX haven broken below rising wedge patterns earlier this week, the INDU has broken below its rising wedge pattern this morning popped back to test the lower trend line that once served as support as resistance. It turned back down.

We should see additional downside pressure...not good for QCOM short-term.

Regards,
LG
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