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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (38075)1/26/2000 10:10:00 AM
From: HairBall  Read Replies (1) | Respond to of 99985
 
dmp: is 126/8 broken?

Yep.

If next support does not hold at 114/6, QCOM is going down around 100 to test the lower boundary of my rising trading channel. Note that boundary is below 100 currently and rising.

Tom Dorsey just posted 121 is 100% oversold on the QCOM Buy Range thread. I suspect a bounce is due at that level given his stature...

Good trading...

Regards,
LG