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Zeev Hed

08/21/04 2:43 PM

#287139 RE: TheProphet #287135

I am still looking for a reentry point myself, right now I think that the $39.5, the last "target" (#msg-3771684) is still the right area, if $40 is taken, QCOM could make a very fast $10 run to $50/$52.5, but frankly, I don't expect this till early next year, if at all. Between now and then, I think QCOM could indeed be available again in the $32.75 to $34 area. Mind you, RSI is getting close to 70% where QCOM more often than not took a spill.

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plexxus

08/22/04 1:02 PM

#287173 RE: TheProphet #287135

Posted a lot of new setups at this link for those who may be interested...there are 4 pages of setups to access at the bottom of the page. The QCOM triangle breakout measures to the 39/40 area as you'll see on page 3...


http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID897936