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Replies to #1997 on Stock Incubator

dalcindo

03/18/10 2:36 PM

#1998 RE: dalcindo #1997

Re: QCOM - Promising ...

... With influential trendlines overhead. Intermediate being tested and likely ceding to trend if rally continues.

Agreed, inverted H&S patterns seem to appear within weekly and daily charts as well, with neckline corresponding somewhat to upper border of intermediate channel, at least for the most obvious one, IMHO:


QCOM - 12-Month, DAILY Chart:


- Dalcindo