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Strategies & Market Trends : The Covered Calls for Dummies Thread -- Ignore unavailable to you. Want to Upgrade?

To: PoetTrader who wrote (2384)	9/10/2001 12:14:14 PM
From: golfinvestor	Read Replies (1) \| Respond to of 5205

12:02 ET QUALCOMM (QCOM) 51.14 +1.96 (+3.99%): -- Update -- -- Technical -- Recently cleared near-term resistance at 51.00 and continues to look oversold on a short-term basis. Currently trading on high daily volume, QCOM faces little in terms of subsequent overhead until minor resistance at Thursday's open of 52.66. The next level to watch over the next several days is 53.20 followed up by more important resistance around 54.00. We would become more cautious on this one on an intraday basis if it were to trade back below 50.75. Briefing.com