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SmarTrend's Trend Spotter Sees Continued Upward Momentum on Shares of QUALCOMM (QCOM)
[September 22, 2010]

SmarTrend's Trend Spotter Sees Continued Upward Momentum on Shares of QUALCOMM (QCOM)

Sep 22, 2010 (SmarTrend(R) Spotlight via COMTEX) -- SmarTrend identified an Uptrend for QUALCOMM (NASDAQ:QCOM) on July 14, 2010 at $36.53. In approximately 2 months, QUALCOMM has returned 19.2% as of today's recent price of $43.55.

QUALCOMM is currently above its 50-day moving average of $38.77 and above its 200-day moving average of $39.84. Look for these moving averages to climb to confirm the company's upward momentum.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of QUALCOMM shares.


Write to Chip Brian at cbrian@tradethetrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.mysmartrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.mysmartrend.com/signup

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