Trade ideas
CMCSA > 53.50Ticker: CMCSA
Sector: Communication Services / Entertainment
Average Beta: 1.04
Set up: Wedge Breakout / Micro Flag
Entry Price: 53.62
Stop Loss: 51.67
Price Target: 65
Scale in/out: Scaling in with volume approaching ATH supporting bids throughout the trade. Scaling out as im paying for the trade once bids stop supporting figures such as 55, 56, etc..otherwise letting the trade work for me with kicks along the way.
Will you trail: Will trail with previous day LOD
Next Earnings: April 28
Previous Earnings: Jan 28 (Beat)
ATR: 1.15
ATV: 17.04M
Spread: 0.03 - 0.10
Support: 52 and 51.75 Pivots
Resistance: Since its at ATH resistance is could be located at each figure that's why volume is significant, especially when approaching psychological numbers.
Key Levels: 51.75 Support, 52 Support, 53.60 ATH, 55 Figure, 60 Figure, 65 Figure
Short Interest: 1.69%
I really like this trade since it has been in a solid consolidation for a few months with steady grinding along the way. The pattern looks even better after the positive reported earnings back in January forming a micro flag.
The only real concern is if volume doesn't support the trade as it grinds. Otherwise this setup is great and a bit more consolidation wouldn't hurt the trade.
Comcast Corp. Buy📈 NASDAQ:CMCSA Long D1
🛒Buy above = 53.66
🎯Target1 = 54.86
🎯Target2 = 55.59
🎯Target3 = 56.79
⛔️Stop-loss = 51.72
❌Cancel trade = 51.72
Long | CMCSANASDAQ:CMCSA
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%.
Bullflag Breakout?Watching carefully here for CMCSA to breakout of a bullflag at all time highs. Great consolidation and we also see some bullish divergence on the RSI
$CMCSAThis retreated a bit today but still looks good for the rest of this week, let's see what happens. Strong market should help.
CMCSAReally like this chart. Nice base that formed for roughly a year. Good strength coming from Com Serv stocks lets see if it will continue.
COMCAST CORP. ANALYSIS📈 NASDAQ:CMCSA LONG H4
🛒Buy above = 50.40
🎯Target1 = 51.25
🎯Target2 = 51.78
🎯Target3 = 52.63
🛑Stop loss = 49.02
❌Cancel trade and open reverse trade = 49.02
🙈Recommended risk = 2-3%
📉 NASDAQ:CMCSA SHORT H4
🛒SELL BELOW = 49.02
🎯Target1 = 48.17
🎯Target2 = 47.65
🛑Stop loss = 50.40
❌Cancel trade and open reverse trade = 50.40
🙈Recommended risk = 1-2%
CMCSA 1D BIG 3 INDICATORBig Three Sub-Chart Indicator turned Green after the Day Candle Closed for an Entry Signal.
Big Three Sub-Chart Indicator shows a Long Entry Signal when the Sub-Chart Bar turned Green after the Day Candle Closed.
Big Three Indicator shows a Long Entry Signal when the Big 3 Indicator background turned Green after the Day Candle Closed
Entered Long Trade at Daily Candle Close.
Close Trade when Sub-ChartBar & Big 3 Indicator Line changes to Yellow or Red.
hour analysis for COMCAST HI FREINDS
this market will have a down trend i recommended that enter seller
CMCSA Triangle - Potential Breakout
Earnings on the 29th.
Volume is higher on the sell-off days than at the top.
Showing support at the 50 MA on the daily chart
About to test major resistance (all time highs) on the weekly chart of ~47.50
Possible long run to 47.50 at least, more if it can break.
CMCSA- The STRATHaven't been trading a lot due to time. And I have noticed that Fridays aren't a good trading day to me. I think I say to myself "look at all these cheap options!" then get a taste of why they are so. So today is Tight Stop Friday.
Here is one trade I'm currently in. 15 min, Chicago. Was looking for it to go short, hesitated, but glad I got in. Didn't like the option spread on this one but it worked out.
Also took a trade in SNAP.
CMCSA Swing trade IdeaGood buying activity, coupled with good earnings result. Currently trying to confirm the post earnings swing and the price action is looking good so far.
