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

To: John Madarasz who wrote (62860)	11/20/2000 11:06:06 AM
From: HairBall	Read Replies (1) \| Respond to of 99985

John Madarasz: Would a break involve simply a breach of that rising support, or a close convincingly below? NTAP<----- Not just a breach as over shoots of support/resistance levels are common. A clear break below, would include a close convincingly below. If the 200 day SMA holds (still to be determined), hopefully the following price action will consolidate and give us hints as to the next move bearish or bullish. QCOM<----- Has been getting support (so far) from the previous resistance area established by the 6/12 pivot high (84.1325) turned to support. Regards, LG