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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: bramble88 who wrote (5219)10/7/2002 1:41:09 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 57110
 
I am watching QCOM for a bull flag. I added to my position at 29.81.

Using the 5min, you can draw the descending channel from the top around 12:30 ET. Looking for a break out of that channel in either direction to confirm direction.



To: bramble88 who wrote (5219)10/7/2002 11:48:48 PM
From: AugustWest  Read Replies (1) | Respond to of 57110
 
Seems like 30 has been some pretty heavy resistance.
Goes back to the gap down on big volume, end of June.
Barely made it through a couple times but continues to come back.
If it gets through 31 it might try a sprint to near 33.
But it will need the help of a positive move in the comp too, IMO.


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