Qualcomm's most recent trend suggests a bullish bias. One trading opportunity on Qualcomm is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 6.16% return on risk over the next 26 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock dropped below the $70.00 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 at 58.66 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Qualcomm
The Zacks Analyst Blog Highlights: ArcelorMittal, U.S. Steel, Nucor, AK Steel and Qualcomm
Mon, 24 Mar 2014 11:42:10 GMT
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Mon, 24 Mar 2014 09:17:58 GMT
Better Buy: Enterprise Products Partners vs. Qualcomm
Sun, 23 Mar 2014 14:03:56 GMT
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Apple's New 8GB iPhone 5c Is Not a Game-Changer
Sat, 22 Mar 2014 20:01:59 GMT
Motley Fool – Will an 8GB flavor of the iPhone 5c move the needle in the lower end smartphone markets? Probably not.
Qualcomm to Gain from China
Fri, 21 Mar 2014 22:41:37 GMT
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