Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 175.25

+0.6%

Dec 19 9:30 AM EST

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To: y2kate who wrote (82493)	10/5/2000 8:56:36 PM
From: HairBall	Read Replies (3) of 152472

y2kate: I need to go back and look at the charts you posted Every two days I delete the chart files I upload to post on SI. They have all been deleted....sorry! I'm wondering where you see the next consolidation point First the Q needs to rise above the current resistance of the 84.3125 area. Next resistance is in the 92.25 area (minor) followed my resistance at 109 and 120. (The psychological price area of 100 will likely come into to play as well.) Frankly, I would like to see a consolidation pattern set in between 95.25 and 109 with price action going as high as 120. A nice trading range would work for daytrading and would be good for the stock to consolidate before moving higher. Note, price/volume action is fluid and dynamic...that means expectations are always subject to change... Regards, LG

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