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Stock Picks and Trade Ideas for Friday - YHOO, JDSU, RIMM, QCOM

Chart courtesy of stockcharts ( click to enlarge )QCOM is one of the hottest stocks in the market right now. The stock is looking good and looks set to break into new highs, but if prices pullback, the $54 level is a possible area for them to be supported at. All indicators still point to a bull market. The technical daily chart above shows the stock is now in a very strong upward momentum as both 50 day and 200 day moving averages are going up along with the stock. MACD and KD also shows the stock is currently in a bull market. For now the trend is still up….
Original Source: ac-investor.blogspot.com


  31 Julio, 2008| Technical Analisis | @ 13:06

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