Trade ideas
Comcast(CMCSA): Bullish Divergence at 800 Day EMAWe have been trending down within this channel for the last several months a Bearish Butterfly Initiated the trend and now we are Bottoming Out at the 800 day EMA about to attempt a Break of the Channel and with the Presence of the Divergence I think we will succeed in it
Betting on further Comcast drops. CMCSAGoals 44, 42, 41. Invalidation at 50 .
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
Comcast long after earnings - Part 2NASDAQ:CMCSA tanked on earnings down to a clear Support level; the 2019/2020 highs and the 50% Retracement of the COVID to recent ATH.
I am being exceptionally patient with entry. I want IV to fall a little more post earnings and then get long via the June 55 Calls.