Qualcomm's most recent trend suggests a bullish bias. One trading opportunity on Qualcomm is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 13.12% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock dropped below the $70.00 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 79.77 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Qualcomm
Malaysia's Astro Honoured with CASBAA Chairman's Award 2014
Fri, 31 Oct 2014 08:07:00 GMT
ACN Newswire – Hong Kong, Oct 31, 2014 – (ACN Newswire) – Astro Malaysia Holdings Bhd (Astro) was honoured with the CASBAA Chairman's Award on October 29 during the second day of the CASBAA Convention 2014 in Hong Kong. …
CASBAA Convention 2014 Delves Deeper into Strategies for Adopting Content Beyond The Box
Thu, 30 Oct 2014 12:30:00 GMT
ACN Newswire – Hong Kong, Oct 30, 2014 – (ACN Newswire) – The second day of the annual CASBAA Convention, 2014, saw speakers across technology, advertising and content industries take a more in-depth look at how to adapt to a future ‘Beyond the Box'. Twitter's Global Chair of TV, Danny Keens commented that “TV was still the biggest game in town” with Barry Cupples, Global CEO, Investment, Omnicom Media Group, saying that he felt “positive about the future of TV as long as the content is good”. With regards to the economics of TV, John McLellan, Head of the Commercial & Media and Entertainment Department, Haldanes said that “millennials will own a TV subscription” but Sushant Sharma, Senior Business Development Manager, Accedo, argued against the economics of revenues from the likes of bundling stating “the internet will be the medium of future content delivery”. During a panel session, Danny Keens discussed how there was a “bump in TV ratings of 29 per cent” due to associated Twitter conversations with research showing that viewers who were also engaging with Twitter stayed longer.
CASBAA Convention 2014 Kicks off to Debate the Future of Content ‘Beyond the Box'
Thu, 30 Oct 2014 02:14:00 GMT
ACN Newswire – HONG KONG, Oct 29, 2014 – (ACN Newswire) – The annual CASBAA Convention kicked off yesterday with a look at how the content world will change with the advent of over the top streaming services and digital content. With the theme ‘Beyond the Box', the convention gathered professionals from the cable and satellite broadcast industry from key operators and technology carriers to content providers, marketers and media, to discuss the pertinent topics facing the industry right now and how Asian players in this field can adapt to stay ahead of the content game. The 21st CASBAA Convention was officially opened by Professor K C Chan, Acting Financial Secretary, Government of Hong Kong SAR. Jon Feltheimer, CEO of Lionsgate said that industry stalwarts need to recognise that “the more we hold on to the business models of today, the more we open the door to change makers and entrepreneurs of the future” whilst Andrew Rashbass, CEO of Reuters talked about the need to “develop a new business model with a fundamentally different cost basis”.
9:43 am Qualcomm runs to fresh high of 77.25, nearing its Aug/three month high at 77.31
Wed, 29 Oct 2014 13:43:00 GMT
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