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Qualcomm price shakes off negative pressure - Forecast today - 09-09-2026
QUALCOMM Incorporated (QCOM) surged higher in its latest trading session, successfully breaking above the resistance of its 50-day Simple Moving Average (SMA). This breakout has relieved a key source of negative pressure and paved the way for further gains in the near term. The move was accompanied by a notable increase in trading volume, providing strong technical confirmation of the breakout. Meanwhile, price action continues to follow a short-term ascending trendline that supports the prevailing bullish bias, while momentum indicators have begun forming a bullish crossover after the stock successfully worked off some of its overbought conditions, providing additional room for further gains.
Therefore, our outlook remains bullish for the stock's upcoming trading sessions, as long as support at $164.80 remains intact. Under this scenario, the stock is expected to target its first resistance level at $196.00.
Today's price forecast: Bullish.
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Intel price paces way for more gains - Forecast today - 09-09-2026
Intel Corporation (INTC) extended its gains sharply in recent intraday trading, supported by continued bullish signals from the momentum indicators. The stock successfully broke above a short-term bearish corrective trendline, generating additional positive momentum that helped it overcome the resistance of its 50-day Simple Moving Average (SMA). This breakout has relieved a key source of negative pressure and strengthened the prospects for further gains in the near term.
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