Comcast strives to regain footing - Analysis - 12-03-2021

Comcast's stock fell 0.56% in the last session on profit-taking, while gathering momentum and venting off overbought saturation in the RSI, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA.

Therefore we expect the stock to return higher, targeting the resistance of 59.30, provided the support of 55.00 holds on.

Expected trend for today: Bullish