- Comcast broke resistance area
- Likely to rise to resistance level 31.00
Comcast recently broke the resistance area between the round resistance level 30.00 and 50% Fibonacci correction of the previous sharp downward impulse from September.
The breakout of this resistance area accelerated the active ABC short-term correction iv from the end of October.
Comcast can be expected to rise further to the next resistance level 31.00 (former strong support from April and August).
By the FxPro Analyst Team
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.