took Didi grafiques course and this is my best shot on its setup. rules for entry and exit still in refining stage but you are welcome to give suggestions
CMCSA long cup and handle formation entry 48USD SL 43USD TP 60 USD
Repeating pattern of top (1), bottom (2) and rise (arrow) The pattern could be complete, but we will see if another wave of it repeats
CMCSA Key levels, Analysis & Targets Time frame D1 Bullish Divergences in MACD & RSI Indicator ,Target ( Fibo = 50.0 - 78.6% )
We 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
#CMCSA (Entered: Strong Bearish) #Daily #Technical Analysis #crevixtrader
$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 $CMCSA after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
Goals 44, 42, 41. Invalidation at 50 . We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that...
CMCSA is looking like an attractive buy, valuation looks overall pretty good. Currently just tested the 200wma and lower trend that has been forming.
Despite the down day with all the FUD... NASDAQ:CMCSA is still holding the major Support at its 50% Retracement Level which matches with a past All Time High following the earnings dip.
Buy Comcast at market (44.6$-45.5$) than w8 some days to sell at 48$
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.
EXpecting more long move after the break of trendline.
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.