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


To: JRI who wrote (70181)2/23/2001 8:36:18 AM
From: HairBall  Respond to of 99985
 
JRI: I rarely trade H&S formations, as they are one of the less reliable patterns. However, one should note that QCOM dropped below the support line from the July 2000 pivot low.

With the after hours breakdown price action is already below my support level in the 64 range, next support is at 58.

Regards,
LG