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 10.13% return on risk over the next 30 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 $0.46 would be kept by the premium seller. The risk of $4.54 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 47.7 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Qualcomm
The Three Biggest Reasons To Be Bullish On Tech Stocks, According To BlackRock
Tue, 17 Feb 2015 23:32:00 GMT
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Tue, 17 Feb 2015 20:50:00 GMT
Qualcomm: Nomura Deck of Slides Chides Bears for Not Believing
Tue, 17 Feb 2015 18:59:00 GMT
Barrons.com – Shares of wireless chip giant Qualcomm (QCOM) are down 12 cents at $70.76 as the Street continues to ponder the company’s announcement last week that it settled with Chinese regulators, agreeing to pay nearly a billion dollars in fines and adjust its royalty practice for breaking China’s anti-monopoly laws.
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Tue, 17 Feb 2015 17:15:00 GMT
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