Qualcomm's most recent trend suggests a bullish bias. One trading opportunity on Qualcomm is a Bull Put Spread using a strike $72.50 short put and a strike $67.50 long put offers a potential 17.92% 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 $72.50 by expiration. The full premium credit of $0.76 would be kept by the premium seller. The risk of $4.24 would be incurred if the stock dropped below the $67.50 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 62.26 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Qualcomm
Apple is a trade: Analyst
Wed, 03 Dec 2014 22:07:00 GMT
Qualcomm (QCOM) Stock Climbs on Suggestion That Chinese Investigation May Conclude Soon
Wed, 03 Dec 2014 20:54:00 GMT
TheStreet – Qualcomm (QCOM) shares are up following a note from Cowen suggesting that a Chinese regulatory investigation into the company could be concluding soon.
Qualcomm: China Ruling May Come Soon, Says Cowen, Likely Not as Bad as Feared
Wed, 03 Dec 2014 16:21:00 GMT
Barrons.com – Cowen & Co.’s Timothy Arcuri today reiterates an Outperform rating on shares of Qualcomm, and a $79 price target, writing that results from a Chinese regulatory investigation of the company’s business …
Qualcomm IoT chief Rob Chandhok confirms he’s quit
Wed, 03 Dec 2014 15:13:51 GMT
Qualcomm Delivers 802.11ac Wi-Fi with MU-MIMO and Advanced Network Processing to Address Enterprise BYOD and Other Network Challenges
Wed, 03 Dec 2014 12:30:00 GMT
PR Newswire – SAN DIEGO, Dec. 3, 2014 /PRNewswire/ — Qualcomm Incorporated (NASDAQ: QCOM) today announced that its subsidiary, Qualcomm Atheros, Inc ., is easing data congestion across enterprise networks with a feature-rich, …
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