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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 155.82-1.3%Jan 23 9:30 AM EST

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To: Wyätt Gwyön who wrote (115100)3/5/2002 11:53:13 AM
From: Caxton Rhodes  Read Replies (3) of 152472
 
FWIW - This is what i think will happen to qcom TA wise. Of course this could change depending on what the tape does.

Q will trend up, squiggling its way to the mid 40s through march. In April we hit the big downtrend line and the moment of truth will be here for qcom.

If qcom can break 46 during April, it becomes an uptrending stock for the first time since the bubble days. It will have the US launch of 1X and improving China news behind it. We shall see what happens...................

Caxton
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