CMCSACL trade ideas
CMCSA POTENTIAL DOWNTREND CONTINUATIONCMCSA has broken the long term correction. I'm expecting one more impulsive wave to the downside.
COMCAST Bearish Mode ONThe stock dropped below the 200 and 50-day moving average. My PV is at $42 a share, but in my case, I’m already short on it and I'll wait to take some actions for a proper chance to buy around $32.83 and then take profit around $42. Wall Street is targeting this share around $43.
Learn how to beat the market as Professional Trader with an ex-insider!
Be part of an elite trading group.
Have a Nice Trading Week!
Cream Live Trading, Best Regards!
CMCSA Crossroad for nowPersonal liking aside, CMCSA is in the midst of a crossroad between utopia and dystopia :)
In an ideal world, I hope the uptrend line is supported with a break above 36.60 for more upside towards 38.17 and a longer term target of 42.
Yet in the event that it should break 34.50 then the market would have decided that it favors the downside more than my personal liking or bias.
Reflection: The key is not knowing for sure what a stock is going to do next, but knowing what it should do. Then it's just ensuring if the train is on schedule or not and adapting to the situation presented.
CMCSA Holding Bullish Channel SupportCMCSA is holding the medium term bullish channel support. Price target is $36.50 - $37.50 with a quick recovery during October.
The content is for informational purposes only, you should not construe any such information or other material as investment, financial, or other advice.
-Wextini
Pattern shows that there has been shift in sentimentIt looked bearish in first half of year; but then something changed and sent the trajectory upwards;
Because its near the middle of the weekly channel; its a tough call to say which way it would go. The rising wedge also looks like its getting squeezed.
That means that this growth is not fully sustainable. It will most likely take a dive and then continue head upwards towards the top of the blue channel.
I personally wouldnt play this right now.
CMCSA: On the verge of breaking out. Key numbersNeed to take out 37.20-37.40 and then starts running. Very optimistic.
Playing long dated calls.
CMCSA looking fantasticCMCSA just crossed the 200MA, forming a cup and handle pattern with a close SL opportunity and a great looking candle.
ComcastSmall Trade, I think cmcsa is in a downtrend and this is just a counter
ABCD Pattern = (0)
Fractal = Neutral (0)
Volume = yes (1)
Timing = Good (1)
Long Comcast
Comcast (cmcsa) chart shows rounding bottom (reversal) and also show reversal with ichimoku indicator.
waiting for a trade to the down sidea large trend is broken on a monthly basis
and an impulse wave broke the trend
Comcast mid-term long callComcast (CMCSA) has seen a 7% price decline since earnings, even though they recorded better-than-expected returns and revenue. They have also recently made a hostile bid for the assets of 21st Century Fox, threatening Disneys current bid for the company. The price is currently at a level of previous support. I expect an upward price movement in the next few weeks.
comcast is going down!I think comcast is going down the next 2 years, short the bounces and buy at the bottom
Comcast Corp - Short down trendFrom chart patters and technical analysis this stock has it's indicators RSI, MACD & Volume showing that price will be following a down trend to complete the 5 elliot impulse wave theory
*** This is not an investment advice***
Head and Shoulders ShortHead 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.
$CMCSA BULLISH CYPHERlooking at price action on comcast from the election in 2016 on the daily time frame. I have plotted a bullish cypher which price has obeyed pretty well. This is not the best of the patterns in terms of R/R, but thats why its our jobs as traders to understand that and position accordingly.
My game plan is to get long here under todays high if possible and position for a stop just below the November low. 1st target at 37 second, 2nd @ 40.
