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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Sully- who wrote (391)5/31/2001 6:06:49 AM
From: Venditâ„¢  Read Replies (2) | Respond to of 8752
 
A close below $62 makes firm support at $56 possible, as worst case.

askresearch.com

Based on short term stochastic I would be surprised to see Q slip below $60. I think it is setting up for an upside reversal to begin as soon as today. A test of short term support at $60 is possible.

JMO



To: Sully- who wrote (391)6/3/2001 8:27:27 AM
From: Venditâ„¢  Read Replies (1) | Respond to of 8752
 
Re: QCOM

I see this as a bottom forming with a new base at $60.
(see the chart in this link)

Message 15875060

Q would not be a hold (long) if $60 gets breached.