NASDAQ:CMCSA
Entry - 39.42 $
Target - 40.21 $
Trade will become invalid if the stock goes below 38.88 $ first before the entry level.
Indicators also showing a bullish trend
Aggressive Trend Trade 4R
- short impulse
+ volumed T1 level
+ support level
+ volumed Sp
+ weak test
+ first bullish bar closed entry
Calculated affordable stop loss
1 to 2 R/R before 1/2 of daily short impulse take profit
Daily Context
+ long impulse
+ support level
+ 1/2 correction
+ monthly support level
+ biggest volume T2
+ manipulation of T2
Monthly...
Comcast Corporation ( NASDAQ:CMCSA ) has delivered a standout performance in its fourth-quarter earnings, exceeding analyst expectations and showcasing robust growth in key segments. The company's net income of $3.26 billion or 81 cents per diluted share surpassed consensus estimates, driven by the stellar performance of its Peacock streaming services and a...
NASDAQ:CMCSA
that momo hammer on the quarter looks promising, but these type of candles can easily reverse
and when it does, it typically drops back quickly
the inside year tells me to wait for further clues first before taking trades
hence, no long or short (bias) for me on this one yet
obviously, when that hammer high on the quarter gets taken out and...
Despite the impressive six day rally after its Earnings gap down, Comcast has been rejected on the LH trendline without managing to cross over the 1D MA50. With the 1D MACD on a Bullish Cross though and the 1D technical outlook slightly bearish (RSI = 44.968, MACD = -0.620, ADX = 24.974), we expect a 0.618 Fibonacci pullback in a similar manner as November 3rd...
The positive performance of Comcast's shares coincided with a buoyant stock market, as the S&P 500 Index and the Dow Jones Industrial Average closed at 4,358.24 and 33,739.30 respectively on Tuesday.
Despite trading volume for Comcast being reported at 15.4 million, below its 50-day average of 17.2 million, the company's stock outperformed several key competitors...
Comcast has been rejected at overhead resistance around 47.26 with a gap to fill lower down at 43.47. Further targets to the downside are 34.20 and 30.17. Should the price continue higher, previous swing high of 61.79 would be level to look out for.
Once again NASDAQ:CMCSA has reached a level of importance. If the stock can break and close above the $47 range with good volume, it should be a positive sign technically for the stock. In this economic environment, caution is a must.
The PEAD projected a bullish outlook for NASDAQ:CMCSA after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 62.5%.
Analyzing the options chain and the chart patterns of CMCSA Comcast Corporation prior to the earnings report this week,
I would consider purchasing the $45 strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $0.47.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking...
It has been a worthwhile wait on our previous COMCAST (CMCSA) buy signal (see chart below) that we gave on April 28, but it finally hit the $44.00 target today:
The trend is unchanged within the Channel Up pattern since the October 13 2022 bottom, but as the 1D RSI turned extremely overbought (above 70.00), it gives a sell signal since every overbought...
The PEAD projected a bullish outlook for NASDAQ:CMCSA after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 71.43%.
Three angled double bottoms that are very similar.
All leading to bullish results.
Bars pattern shows my bullish thoughts.
A double bottom is considered a bullish pattern.
Company: Comcast Corporation
Ticker: CMCSA
Exchange: NASDAQ
Sector: Communication Services
Introduction:
Greetings, and welcome to today's technical analysis. We're focusing on the daily chart of Comcast Corporation (CMCSA), highlighting a bullish reversal pattern known as a cup and handle that has formed over 294 days.
Cup and Handle Pattern:
The cup and...
uptrend off uptrend
upper Bollinger band
above 20 day moving average
weekly zones red/blk = supply & green/blk = demand
trend reversal on weekly confirmed at weekly demand zone
