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

To: gc who wrote (62992)	1/18/2000 11:11:00 PM
From: Becky B	Read Replies (3) \| Respond to of 152472

From RB: Dr. Bob: "Qualcomm (QCOM) is in a short-term downtrend within a huge uptrend, and appears to have support at 132 and resistance at 200. The MACD is still negative, while the rate of change is neutral and on-balance volume is positive, the latter of which implies that the intermediate uptrend is not over. The weekly stochastic is 63% going down, the daily is 39% sideways and the hourly is 34% going down. It should be noted that powerful stocks like Qualcomm sometimes do not go below 25% stochastics before they turn back up, so crossovers to the upside should be watched closely. This issue is likely to test highs in the weeks to come."