Today’s Stocks In Focus: (NASDAQ: QCOM), (NASDAQ: NVDA)
Qualcomm Incorporated (NASDAQ: QCOM) stock closed its latest trading session at $63.50, down 1.47 percent from its previous close of $64.45, with high volumes. Its latest trading volume has been recorded at 13.801 million shares, in contrast to the average daily trading volume of 12.352 million shares. The stock opened the session at $64.10 and touched its highest price point at $64.35. Qualcomm stock’s lowest price point for the session stood at $63.22. The stock’s MACD chart shows bullish trend and the stock may test its first resistance level at $64.51. Qualcomm develops and markets digital communication services and devices. The company also deals in licensing of its intellectual property.
Nvidia Corporation (NASDAQ: NVDA) shows neutral trend as the stock made an up movement in its latest trading session. It opened the session at $12.75 and remained in $12.71 and $13.19 price range during the session. The stock closed 3.30 percent higher at $13.15. Nvidia Corporation’s first support level is at $12.74. Upon breaching this level, the stock may touch $12.32. On the upside, its first resistance level is at $13.67. Nvidia Corporation announced the extension for its share buyback program. The company had started the program in 2004 and it has bought back 90.9 million shares so far.
WallStreetReport.netissues momentum alerts on stocks that canprovide gains to day traders. WallStreetReport.netprovides members with timely information and exclusive alerts on cheap and under-valued stocks in the United States with the potential to deliver gains of 100% - 200% or more. WallStreetReport.netmonitors and scans the markets for stock related signals as well as any external factors that might bring trading opportunities.Through a vast network of IR professionalsWallStreetReport.netis often in the know of several large investor awareness campaigns being deployed.
Timing is everything when trading Penny Stocks. Gain an Edge by joining the WallStreetReport.net newsletter and receiving alerts from a Pro-Active team of researchers. Wall Street Report believes traders should have a chance at successfully tradingPenny Stocksand invites traders and investors to be part of the Free VIP membership.
Simply sign up for free and start receiving exclusive alerts.
Disclosure:WallStreetReport.netis not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please visit WallStreetreport.Netwebsite, for complete risks and disclosures.
BlueLys, its employees, officers, directors, shareholders and affiliates, hold no positions in the above-mentioned stocks.