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 16.28% return on risk over the next 12 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 $0.70 would be kept by the premium seller. The risk of $4.30 would be incurred if the stock dropped below the $62.50 long put strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Qualcomm is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Qualcomm is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
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LATEST NEWS for Qualcomm
BlackBerry calls off sale, spurring doubts and stock plunge
Tue, 05 Nov 2013 02:19:53 GMT
BlackBerry calls off sale, spurring doubts and stock plunge
Tue, 05 Nov 2013 02:16:42 GMT
Berry picking: a look back at BlackBerry's long list of potential buyers
Tue, 05 Nov 2013 00:47:02 GMT
The Verge – After months of rumors that BlackBerry was just one tech giant's whim away from being acquired, the struggling smartphone maker narrowly avoided that fate this morning by taking a last-minute cash injection and swapping out its CEO. That certainly doesn't mark the end of the line for BlackBerry acquisition talk, but it might put it on hold for now. Of course, getting here was no short road: just about everyone in the business has been rumored to eye BlackBerry's assets at one point or another. Mike Lazaridis co-founded BlackBerry — then RIM — back in 1984, and was only removed from his position as co-CEO last year.
Can Qualcomm Hold Off Intel and Microsoft?
Tue, 05 Nov 2013 00:02:05 GMT
Motley Fool – Qualcomm has long dominated the mobile-chip space, but Intel is hoping to use relationships with Microsoft and other mobile-device makers to make inroads in the industry. Should Qualcomm worry?
3 Chip Stocks to Note Now: AMD’s Big Event, Qualcomm Preps Next Adreno, Intel Ups Its ARM Game
Mon, 04 Nov 2013 22:52:07 GMT
Wall St. Cheat Sheet – Today's top headlines for chip and big data stocks.
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