Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Comcast Corporation's stock (CMCSA) rose in the intraday levels after leaning on the support of the 50-day SMA, lending it positive momentum that helped it mark a 0.49% profit in the last session, or 19 cents and settling at 39.35, amid the dominance of the upward correctional trend in the short term, with positive signals from the RSI after reaching oversold levels.
Therefore we expect more gains for the stock, targeting the resistance of 41.15, provided the support of 37.88 holds on.
Expected trend for today: Bullish