Today we will analyze the stock QUALCOMM (QCI.DU) for internet stock trading in the DU stock market,
Stock Technical indicators to notice in QUALCOMM (QCI.DU)
1- Last bearish trend was from 52.14 $ (4/13/2012) to 46.72 $ (4/24/2012) a 5.42 $ move 2- The current bullish trend started from 46.72 $ at 4/24/2012 and is currently trading at 47.32 $.
3- QCI.DU current support level is at 46.72 which is the 0.00 % fibonacci retracement of the last 5.42 $ move.
4- QCI.DU current resistance level is at 48.00 which is the 23.60 % fibonacci retracement of the last 5.42 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
QUALCOMM (QCI.DU) Short term stock chart patterns for internet stock trading :

6- The Stock was supported by a support line, identified by two points: 46.720 and 43.620, and is currently supporting at 47.140.
QUALCOMM (QCI.DU) Mid term stock chart patterns for internet stock trading :

7- The Stock traded in a bullish stock channel identifed by support at 38.800 and 37.020,resistance between 52.140 and 42.410 which was broken down at 49.170.
QUALCOMM (QCI.DU) Long term stock chart patterns for internet stock trading :

None.

Stock Trading Conclusion:
QUALCOMM (QCI.DU) was trading in a bearish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .

Stock Resistance Levels : 48.00, 48.79, 49.43, 50.07, 50.53, 52.14, 53.61, 55.49.
Stock Support levels : 47.18, 47.14, 47.09, 47.02, 46.95, 46.72,.