Qualcomm (QCOM) Offering Possible 8.27% Return Over the Next 11 Calendar Days

Qualcomm's most recent trend suggests a bearish bias. One trading opportunity on Qualcomm is a Bear Call Spread using a strike $73.50 short call and a strike $79.00 long call offers a potential 8.27% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $73.50 by expiration. The full premium credit of $0.42 would be kept by the premium seller. The risk of $5.08 would be incurred if the stock rose above the $79.00 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Qualcomm is bearish and the probability of a decline 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 29.47 level which suggests that the stock is neither overbought nor oversold at this time.

To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here


LATEST NEWS for Qualcomm

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Wed, 06 Aug 2014 14:15:00 GMT
Forbes – Lenovo has been on quite a tear lately in client computing. In the last 12 months, they achieved the #1 PC market share position, the #3 mobility (phone+tablet) market share position, and is in the final throes of acquiring Motorola's smartphone and smartwatch business. Lenovo has shown unique prowess in […]

Iconic Watch Brand Timex Introduces Innovative Smartwatch
Wed, 06 Aug 2014 12:30:00 GMT
PR Newswire – MIDDLEBURY, Conn., Aug. 6, 2014 /PRNewswire/ — Timex, the iconic leader in outdoor and sports performance timepieces and the first authentic watch brand to enter the smartwatch space, has reached yet another milestone with the introduction of the TIMEX® IRONMAN® ONE GPS+, offering consumers stand-alone wireless connectivity without a phone. Timex is simplifying the wearable technology experience for all users, as TIMEX® IRONMAN® ONE GPS+ gives consumers the freedom to remain connected during any activity while leaving their phones and music devices behind. Providing new solutions for fitness activities and for any other instance when carrying a phone is not ideal, TIMEX® IRONMAN® ONE GPS+ includes a series of game-changing features, including:

Timex launches smartwatch with Qualcomm technology
Wed, 06 Aug 2014 00:05:39 GMT
Reuters – Timex Group is launching a smartwatch with cellular connectivity and a high-visibility display from Qualcomm Inc. Timex's move into smartwatches is among the first by traditional watchmakers and follows products from electronics companies including Samsung Electronics Co Ltd and Sony Corp that have failed to make major inroads with consumers. Unlike earlier smartwatches, Timex's watch has its own cellular connection to AT&T's network, letting it transmit data without having to be connected to a smartphone. The device, due out later this year, is made with a chipset from Qualcomm as well as Qualcomm's Mirasol low-power display technology, which can easily be viewed in direct sunlight.

Microsoft hires Qualcomm exec to make more deals
Tue, 05 Aug 2014 23:37:42 GMT

Microsoft hires Qualcomm exec to make more deals
Tue, 05 Aug 2014 23:37:42 GMT

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