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Technology Stocks : Qualcomm Incorporated (QCOM) -- Ignore unavailable to you. Want to Upgrade?


To: jewishcarpenter who wrote (45985)10/24/1999 9:08:00 PM
From: Jon Koplik  Read Replies (1) | Respond to of 152472
 
To all - GOOD X-Files on right now. Jon. eom.



To: jewishcarpenter who wrote (45985)10/24/1999 10:05:00 PM
From: Venditâ„¢  Read Replies (2) | Respond to of 152472
 
JC

I find pictures can be worth a thousand words.

vend1.home.mindspring.com

You can see in the above chart that $223 9/16 is a key level of upper resistance and a close above that level would represent a break out on a near term basis.

Lower level support is at $208 7/8 and then $198 1/2 in that order.

I saw the buy signal indicators posted earlier by someone showing a MACD 8-17-9 and Stochastics cross over buy signals which I have confirmed as real.

I say that Q moves to new highs above Fridays resistance tomorrow.
i.e. a close above $223 9/16.

I will take the same liberty as you and qualify this as a healthy market being a must.

Take care

Vendit