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.
If a handle forms out of this cup, this is my guess to how it will form. This is not a definite just an assumption since the overbought signal is in play on the RSI I'm looking for the pullback as it sets up again. Earnings is also coming up in a few weeks and I'm thinking it will do well with the recent Comcast deal and the fact that the virus is giving people...
When this cup is finally finished playing out. The target for Viacom should be between $45-$47. Not sure where the handle comes in yet and I don't want to make any assumptions so we will wait on that. This is looking healthy despite the current market conditions in my opinion because with life being so hectic and the limit to outdoor activities... television may...
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...
NASDAQ:CMCSA had earnings yesterday and the stock opened and spiked below the October low. It quickly recapture the range setting up a good spike opportunity. I like taking these sort of setups because earnings is a good catalyst to move a stock (in either direction) and also removes that unknown volatility factor that could disrupt an otherwise good trade. ...
Comcast Corporation in daily Timeframe Correction which expected to go till March 2022...can avoid or short below 54 for target 45.. But it's better to avoid it
NASDAQ:CMCSA pulled back today past the 50% retracement I was watching but still holding the Daily Ichimoku cloud. I already own a stake in the shares as part of my "Broadband rollout" investment thesis I began last June. Interestingly another stock NASDAQ:COMM which is also in that basket is up bigly today to a new All Time High. I added to my shares...
📈 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
This will be a long one so bare with me. Outstanding move by GNUS today and what an incredible bounce back from back to back direct offerings. Broke 4 year bearish channel and now up 79.85% on the day and another 12.98% in after hours. This stock has been on my watch list ever since they released a couple of PR's that seriously got my attention but I steered...
On Comcast Corp american stock #CMCSA we have a clear monthly uptrend with new demand levels being created while breaking all time highs. In an uptrend with demand levels being created and respected, no shorts are allowed, only buying the underlying stock at new demand imbalances. This is a longer term analysis for Comcast Corp, you can use lower timeframes to...
Hi, today we are going to talk about Comcast and its current landscape. Comcast is poised to receive increasing attention from the market as the Universal Pictures movie "Cats" that had a budget of about $100 million has been rebuked with an opening of $6.5 million in ticket sales, and reviews labeling the movie as one of the worse of the year, the movie also has...
Currently forming double top, if breakout to ATH target above. If pullback target previous resistance. If 35 is broken things looking hairy.
At the week level, a bearish engulfing has developed. After a trend, this is a sign of the trend change. The first target area would be $ 28 on the plan. The CRV is excellent at 6 to 1. Looking, Waiting for Entry on the following Monday.
CMCSA has broken the long term correction. I'm expecting one more impulsive wave to the downside.
The 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...
Comcast (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.