Qualcom Stock Technical Analysis
NOTE: This Technical Analysis is Based on Closing Price on February 12th. For latest Qualcom Technical Analysis Chart see here.
Qualcom (NASDAQ:QCOM) stock has broken above the 20 day moving average line. The MACD indicates that the stock will continue its northward journey. In a bullish crossover the MACD line crossed over the signal line. However QCOM stock will face resistance at the upper gap level of $70.85
Qualcom Technical Analysis Chart by amigobulls.com
General Motors Stock Technical Analysis
NOTE: This Technical Analysis is Based on Closing Price on February 12th. For latest General Motors Technical Analysis Chart see here.
RSI indicates that General Motors (NYSE:GM) stock price is in overbought territory. The stock price has continued its upward march since February start and has reached $37.3. Going forward GM stock price faces heavy resistance around $38 level. The stock has tested $38 level twice last year and was unable to break above it. Breaking above $38 level will lead to bullishness in medium term. However the volume is droping, making a break above $38 level increasingly tougher.
GM Technical Analysis Chart by amigobulls.com