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

2020-10-16 09:22:34 GMT (Economies.com)
 

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

 
 
 
  Symbol Last Change Chg.%
1.1837
0.0058
0.4890%
1.3026
0.0039
0.2980%
Tadawul
8154.59
-312.66
3.69%
24.323
-0.451
1.819%
39.107
-1.835
4.483%
41.77
-0.87
2.04%
1897.925
-14.090
0.737%
 
 
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