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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 151.59-0.4%Jan 30 9:30 AM EST

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To: jjstingray who wrote (116920)4/20/2002 12:45:48 PM
From: Robin Plunder  Read Replies (3) of 152472
 
JJ, can chart patterns get mixed together? We had a H/S in qcom last winter, with the right shoulder about jan 1, I believe, with the following decline from that pattern ending in Feb, followed by a typical pull back rally. I would seem unlikely that we would have another H/S superimposed on the pull back rally, but maybe this can happen. My Dad is trying to tell me that qcom is forming a double bottom here (stoopit bull....g), but I think more likely a descending triangle. BRCD looks like a clear example of a descending triangle right now, and qcom might follow this pattern, as the techs seem to be largely trading together.

Robin
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