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

To: Jim Willie CB who wrote (66709)2/14/2000 9:48:00 AM
From: HairBall  Respond to of 152472
 
JW: If the lower boundary of the gap up does not hold the Q may work down and retest the recent low. However, there are some additional support areas along the way..including the lower boundary of its rising trading channel. (Semi-Log Scale)

I suspect the SP Futures and NAZ Futures are just extending the bounce from Friday.

Regards,
LG



To: Jim Willie CB who wrote (66709)2/14/2000 9:48:00 AM
From: Boplicity  Read Replies (4) | Respond to of 152472
 
It's simple JIM, QCOM is on obvious downtrend, it has hit the upper channel of the downtrend and investors want to move money elsewhere.. Like I said QCOM is trending till the 3rd Qr of this year.

Greg


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