Yes! Given a better market tone QCOM will do just that. But beware, T and NEXT not caving, will have a negative impact, and QCOM will remain hostage to the market. QCOM is making one long beautiful base, the are of resistance is not till the 94, 104 so 100 area. stockcharts.com[L,A]DBOLNYMY[DD][PB25!B50!B100!B200!F][VC60][IUC20!LB14!LF!LG!UA12,26,9!LJ[$SPX]]
Noitce all the buying around 84 or so.
Also, check this baby out, RESP
stockcharts.com[L,A]DBOLNYMY[DD][PB25!B50!B100!B200!F][VC60][IUC20!LB14!LF!LG!UA12,26,9!LJ[$SPX]]
That's a high tight flag, very bullish if resolved to the upside. When you look at a stock like RESP you wounder why you are torturing yourself with these man house tech stocks.
Greg |
