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IvanLabrie
Aug 19, 2016 4:32 PM

CMCSA: Take the not too crowded short Short

Comcast CorporationNASDAQ

Description

Let's enter shorts in CMCSA at market price, stop loss is 68.32. Looks like a good chance with bearish RgMov signals pointing to further downside, while the daily chart uptrend turns around dropping under the Key Earnings Support level above. This is a very conservative stop loss, but I prefer to take small risks when it comes to fighting the trend.

Good luck!

Ivan Labrie.

Comment

Small move so far, but seems ok. Patience required.

Comment

Good progress!

Comment

Hold!

Trade closed manually

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