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


To: r.edwards who wrote (68225)3/1/2000 11:38:00 PM
From: TigerPaw  Read Replies (1) | Respond to of 152472
 
Bubble, bubble, toil & trouble.

I decided to work up a Technical Analysis of QCOM. The results indicate (to me) that re-evaluation of the company which occured from Nov 99 to Feb 00 is over. It has resumed it's growth trend established before the brew-ha-ha.

What does that mean? It should finally find support at $140 around the ides of march. It should reach a high of about $160 about Tax time (Apr 15). Beyond that the noise level is too high to tell.

As usual, news trumps trends, your mileage may vary.
TP