Qualcomm Incorporated (QCOM) Message Board

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Technology Stocks : Qualcomm Incorporated (QCOM)

QCOM 165.07

-1.0%

Nov 18 3:59 PM EST

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To: Caxton Rhodes who wrote (119564)	5/31/2002 6:35:35 PM
From: waverider	Read Replies (1) of 152472

From May 14 to today. That is where there is a significant triangle. What is really beautiful (in regards to TA, not if you own the stock) is how the formation maintained itself today. The stock tried to break out on the upside, but failed and reconfirmed the bearish condition at the close. Pull up a chart and check it out. Really a pefect TA formation. Draw your line from 5/17 to the top of 5/21 and extend down. The stock closed right where it should have based on the formation. Wonderful predictable movement. Let me know if you have any plans with the stock as you have proven to call it right on the last round. Take Care, wr

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