Qualcomm's most recent trend suggests a bearish bias. One trading opportunity on Qualcomm is a Bear Call Spread using a strike $56.00 short call and a strike $61.00 long call offers a potential 25.94% return on risk over the next 29 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $56.00 by expiration. The full premium credit of $1.03 would be kept by the premium seller. The risk of $3.97 would be incurred if the stock rose above the $61.00 long call 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 down which suggests that the medium-term momentum for Qualcomm is bearish.
The RSI indicator is at 21.8 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Qualcomm
The worst is not behind semis: Pro
Tue, 20 Nov 2018 19:08:00 +0000
Chris Caso, Raymond James, discusses why Apple is taking such a beating, and the impact it's having on the tech sector.
What Do Analysts Think about Qualcomm?
Tue, 20 Nov 2018 14:00:58 +0000
Qualcomm (QCOM) has removed most of the uncertainty surrounding its business. However, the uncertainty about Apple (AAPL) remains. Analysts are divided between a “buy” and a “hold.” For Qualcomm, 12 out of 24 analysts monitoring the stock having a “buy” recommendation, while 11 analysts have a “hold” recommendation.
Hubspot (HUBS) Looks Promising on Upbeat Q3: Should You Buy?
Tue, 20 Nov 2018 13:18:01 +0000
Hubspot (HUBS) benefits from expansion and collaborations. Adoption of Google cloud remains a positive.
Qualcomm’s Plan for Its Licensing Business
Tue, 20 Nov 2018 12:31:26 +0000
Qualcomm’s (QCOM) licensing business has lost its seasonality since the third quarter of fiscal 2017. Apple (AAPL) retained royalty payments until a settlement is reached. Amid the dispute with Apple, Qualcomm is looking to broaden its licensing revenue streams.
What Qualcomm’s Price Ratios Say about Its Valuation
Tue, 20 Nov 2018 12:30:22 +0000
Qualcomm (QCOM) has been facing short-term losses due to legal, macroeconomic, and business headwinds. Weak returns over the last two years have put immense pressure on Qualcomm’s management to generate returns. Qualcomm’s current management has accelerated its 5G (fifth-generation) efforts and let go of opportunities where things have not been in its control.
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