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roscotrader

Head and Shoulders Short

Short
Comcast Corporation (NASDAQ:CMCSA)  
roscotrader Updated   
NASDAQ:CMCSA   Comcast Corporation
Chart Patterns
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chartpattern
Head and Shoulders Short position with close below Neckline.SL just above top of Head.Trading with the downtrend.TP 1 is the next Support level and TP 2 is the next Support level.
Comment:
Waiting for close below Neckline
Comment:
Large move down has killed R:R Leave alone or possible entry at 32.60 if price retraces and target 30.05 If position opened around 32.60,trail SL down .
Comment:
Anybody who got in on the strength of the pattern,looks like a nice trade.
TP $30.05 or trail stop.
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