Qualcomm's most recent trend suggests a bullish bias. One trading opportunity on Qualcomm is a Bull Put Spread using a strike $67.50 short put and a strike $62.50 long put offers a potential 9.65% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $67.50 by expiration. The full premium credit of $0.44 would be kept by the premium seller. The risk of $4.56 would be incurred if the stock dropped below the $62.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Qualcomm is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Qualcomm is bullish.
The RSI indicator is at 40.83 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Qualcomm
3 Stocks Reiterated As A Buy: QCOM, C, WFC
Fri, 17 Oct 2014 19:44:00 GMT
Analyst chip picks
Fri, 17 Oct 2014 17:40:00 GMT
Analyst chip picks
Fri, 17 Oct 2014 17:40:00 GMT
Qualcomm to Acquire CSR; Eyes Internet of Things Market
Thu, 16 Oct 2014 18:10:02 GMT
Zacks – The world's largest mobile chipset developer, Qualcomm Inc. (QCOM), has decided to purchase CSR plc ??? a leading developer of bluetooth wireless technology ??? for $2.5 billion.
Qualcomm (QCOM) Declares 42 Cent Per Share Quarterly Dividend Today
Thu, 16 Oct 2014 14:27:00 GMT
TheStreet – Qualcomm (QCOM) declared a 42 cent per share quarterly dividend today payable December 18.
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