Technical Analysis of Financial Markets

Saturday, December 16, 2006

3Com Corp. (COMS)

3Com has broken support of an 18-month uptrend but has found support at the 61.8% Fibonacci retracement level at $4.01. Immediate resistance at $4.25 beneath the underside of the broken trendline. Stop-loss close below $4. Q2 fiscal year 2007 results scheduled to be released on December 20:

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