Comcast reaches strong support - Analysis - 16-10-2020

Economies.com
2020-10-16 09:22AM UTC

Comcast's stock fell 0.38% in the last session amid negative signals from the RSI, leaning thereafter on the main upward medium-term trend line, while also leaning on the support of the 50-day SMA in an attempt to gather momentum and rise anew. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 47.44. 

 

Expected trend for today: Bullish

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