Qualcomm's most recent trend suggests a bullish bias. One trading opportunity on Qualcomm is a Bull Put Spread using a strike $77.50 short put and a strike $72.50 long put offers a potential 13.12% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $77.50 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 $72.50 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 52.38 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Qualcomm
Qualcomm Expected To Benefit Further From The Smartphone Boom
Tue, 22 Apr 2014 23:22:03 GMT
Seeking Alpha – Qualcomm Inc. ( QCOM ) is set to report FQ2 2014 earnings after the market closes on Wednesday, April 23rd. Qualcomm is an American global semiconductor company that produces and designs products and services …
Qualcomm Earnings Preview: Chipset And Device ASPs In Focus Amid High-End Saturation
Tue, 22 Apr 2014 20:19:36 GMT
Can Qualcomm (QCOM) Keep the Earnings Streak Alive?
Tue, 22 Apr 2014 19:40:44 GMT
Eco-investing for ‘green' returns
Tue, 22 Apr 2014 19:39:00 GMT
Qualcomm Earnings Will Put Focus On China 4G Growth
Tue, 22 Apr 2014 17:30:00 GMT
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