Category: Forex News, News
SAP price soars – Forecast today
Qualcomm Incorporated’s stock price (QCOM) rose in the intraday levels, confirming that it shook off the negative pressure due to piercing the downward correctional trend line in the short term, while trespassing the resistance of the 50-day SMA, coupled with positive signals from the RSI despite reaching overbought levels.
Therefore we expect more gains for the stock, provided it settles firmly above the support of $156.34, targeting the resistance of $177.6.
Trend forecast for today: Bullish
Written by : Editorial team of BIPNs
Main team of content of bipns.com. Any type of content should be approved by us.
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