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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Justa Werkenstiff who wrote (20852)10/5/2001 1:18:34 AM
From: SpecialK  Read Replies (1) | Respond to of 52237
 
Justa, QCOM askresearch.com chart shows that money flow has been improving since mid-September, MACD bottomed then as well. Williams%R is near 0. I believe sometime in the next 2 weeks, we'll see a bottom in Qcom and then it heads higher. Maybe earnings will be the "BUY the NEWS." Just noticed that from its sharp drop in Sept, it rallied and now broke a retest slightly, but is within the retest of the lower Bollinger band. Also, price rate of change is edging up to 0. I would step in phases here 42, 39, 36, for a move to 50-55. 2:1 risk reward.