$CMCSA had a huge day Friday and reclaimed its 20ema for the first tim since January 14th. I would look for some more upside towards the $49 level and then a final target around $51 after it first closes above $47.50 on the 4hr chart.
this stock builds a very strong support about 48$.
Buy now you have a very good ratio.
It is about almost 9.
Maybe also again a cup and handle formation.
The PEAD projected a Bullish outlook for $CMCSA after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
Goals 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...
Despite the down day with all the FUD... NASDAQ:CMCSA is still holding the major Support at its 50% Retracement Level which matches with a past All Time High following the earnings dip.
Video I made for Best of Us Investors teaching about the 50% Retracement Levels technique. As always, using Tradingview to publish great chart examples!
Declining trend end?
01. End of wedge shape.
02. RSI divergence.
03. Elliot has 5 + 3 waves.
Long position now?
Investment for two years. Careful trading.
NASDAQ: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.
I like the look, but the market is not to be taken lightly right now. Going to look over any options spreads to see if there are a few reasonable ideas...
Looking for potential value plays...this is one I am eyeing as a potential. Could squeeze out of these smas here, to find a low risk, high reward play a few weeks out...
Hi everyone,
Today we will take a look at NASDAQ:CMCSA stock.
This company will benefit from the infrastructure bill signed in November. I have covered this in my YouTube video.
I would expect company's earnings to reflect the benefits later in 2022.
Where are we at now?
Stock is currently trading at November 2020 level. It has gone down 25% since...
Comcast showing downtrend channel with fib lines charted. Waiting for breakout outside of channel. Good fundamental analysis so just waiting on technical indicators.
