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


To: seahorse who wrote (914)7/31/2001 6:30:52 AM
From: Venditâ„¢  Respond to of 8752
 
QCOM is well into its latest up trend cycle. I suspect it has the potential to make the $68 area before a reversal back to the downside will happen. Notice the gap at just above $60, which formed 2 days ago. That will get back filled in a short time IMO.

MACD has a fresh signal in place, which is why I think a test of $68 is in the cards.

askresearch.com

JMO.



To: seahorse who wrote (914)7/31/2001 6:45:48 AM
From: Venditâ„¢  Read Replies (1) | Respond to of 8752
 
This shows you the expected trading range of QCOM.

angelfire.com

Just like many tech stocks, it is forming a pennant. A larger than normal % move above or below the trading range will happen soon. The stock is in a consolidation mode at the moment.