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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Frederick Langford who wrote (15996)	11/14/2001 1:43:55 PM
From: Tom Hua	Read Replies (1) \| Respond to of 19633

Fred, 12:56 ET QLogic (QLGC) 46.05 -2.03 (-4.3%): -- Update -- Technical -- Looking weak intraday as its trading towards its session lows. The 46.00 level has served as intraday support for the better part of the session. On a break lower, look for subsequent support at 45.50 followed by additional support around 44.60. To the upside, look for 47.00 to serve as near-term resistance. I've learned a lot about TA from Briefing.com. Here's my take: If 44.6 breaks, the next support is at 43.29 followed by additional support at 42.1 and weaker support at 41.07. If 41.07 doesn't hold, look for some support at 39.98 and 38.75. Does it sound about right? Regards, Tom