Qualcomm's most recent trend suggests a bullish bias. One trading opportunity on Qualcomm is a Bull Put Spread using a strike $80.00 short put and a strike $75.00 long put offers a potential 15.21% return on risk over the next 16 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $80.00 by expiration. The full premium credit of $0.66 would be kept by the premium seller. The risk of $4.34 would be incurred if the stock dropped below the $75.00 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Qualcomm
Qualcomm
Thu, 03 Apr 2014 22:55:00 GMT
Qualcomm Upgrade Fueled By China Smartphone Growth
Thu, 03 Apr 2014 17:14:00 GMT
New Highs for Qualcomm Sure Feel Different 14 Years Later
Thu, 03 Apr 2014 16:55:26 GMT
24/7 Wall St. – Qualcomm hit what seemed like new all-time highs on Thursday. The problem is that this has to be compared to the tech bubble days, when valuations were through the roof on anything in technology.
Qualcomm Muscles Up in the Home
Thu, 03 Apr 2014 11:30:32 GMT
Qualcomm Innovates to Optimize Spectrum Usage with Revolutionary MU-MIMO for Wi-Fi
Thu, 03 Apr 2014 11:30:00 GMT
PR Newswire – SAN DIEGO, April 3, 2014 /PRNewswire/ — Qualcomm Incorporated (NASDAQ: QCOM) today announced that its subsidiary, Qualcomm Atheros, Inc ., is delivering the first Qualcomm® VIVE™ 4-stream 802.11ac solutions …
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