These former highfliers are bouncing back from dramatic six-month price drops thanks to some upbeat economic data. Read More...
Investor’s Business Daily
Qualcomm Stock Showing Rising Relative Price Strength, Hitting 83
On Friday, Qualcomm reached an important technical milestone, seeing its Relative Strength (RS) Rating jump into the 80-plus percentile with an improvement to 83, up from 75 the day before. When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength. Over 100 years of market history shows that the best-performing stocks typically have an RS Rating north of 80 as they begin their biggest price moves.
