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


To: Poet who wrote (71750)5/11/2000 4:04:00 PM
From: marginmike  Read Replies (4) | Respond to of 152472
 
Poet I follow alot of stocks, but NOBODY I mean Nobody in the journalistic world studies Qcom and its stock movement more then I. The support areas they give make no sense. The 105 is the level we bounced of off 3 times in 4 months and 96-97 is 200 DMA. Notice where the big blocks came in today? 96, 100 is meanigless other then it being a round number. If thats their analysis I would trow it away because they are CLUELESS and pulling numbers out their A$$. At the time Q hit 92 that was the moving average, if we broke 96 We go into the 80's in My opinion. Thats the MAGNOT LINE!