Qualcomm's most recent trend suggests a bullish bias. One trading opportunity on Qualcomm is a Bull Put Spread using a strike $74.50 short put and a strike $69.50 long put offers a potential 26.58% return on risk over the next 30 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $74.50 by expiration. The full premium credit of $1.05 would be kept by the premium seller. The risk of $3.95 would be incurred if the stock dropped below the $69.50 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 50.95 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Qualcomm
Bracket's New Take On The Virtual Private Cloud
Wed, 22 Oct 2014 07:01:00 GMT
Forbes – There are different drivers for using public and private cloud. Public cloud tends to be easier, quicker and cheaper while private cloud tends to be better when it comes to compliance issues. Several years ago Amazon Web Services (AWS) tried to find the best of both worlds by offering Virtual Private […]
Google backs Magic Leap, a mysterious augmented reality startup (updated)
Wed, 22 Oct 2014 02:13:00 GMT
ARM Holdings Q3 Revenue Misses, Sending Stock Falling
Tue, 21 Oct 2014 19:05:00 GMT
Mystery startup Magic Leap raises $542 million from Google, others
Tue, 21 Oct 2014 18:28:53 GMT
Reuters – REUTERS – Magic Leap Inc, a startup focused on augmented reality technology, said it raised $542 million in a funding round led by Google Inc (GOOGL.O). Little is known about Magic Leap's product, but …
FIRST® Announces Qualcomm to Return as the Presenting Sponsor for 2015 FIRST Championship in St. Louis, MO
Tue, 21 Oct 2014 17:17:00 GMT
Business Wire – MANCHESTER, N.H.–(BUSINESSWIRE)– FIRST® (For Inspiration and Recognition of Science and Technology), a not-for-profit organization founded by inventor Dean Kamen to inspire young people’s interest and participation in science and technology, today announced Qualcomm Incorporated will return as the 2015 FIRST Championship Presenting Sponsor. Qualcomm was recently named a FIRST Strategic Partner, the highest sponsorship level at FIRST, in recognition of the company’s volunteer hours recorded and regular financial support. Qualcomm, which is committed to building a STEM (science, technology, engineering and mathematics) pipeline, has supported FIRST since 2007, supporting teams in the FIRST® Robotics Competition (FRC®), as well as contributed to non-employee Mentor stipends for that program. FIRST has also announced Qualcomm’s increased support for the promotion and development of the international, K-12 robotics STEM learning organization to include the FIRST Tech Challenge program, teams, and events in China.
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