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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (21695)12/3/2000 4:25:41 PM
From: Jim Willie CB  Read Replies (2) of 65232
 
clear to me: QCOM has best looking chart among all techs
the rest are struggling to find support
broken charts left right up down everywhere I look

meanwhile, QCOM had a breakout in last two weeks
now pulling back to support, as in moving avgs

I see a Head & Shoulders bullish pattern
also the neckline has positive bias tilt

moving avg support between 76 and 81
current resistance at 90
current support 80-84

a healthy Naz, and I would say target of 105
but Naz is nowhere near healthy

/ Jim
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