Comcast (CMCSA) still holding SupportDespite the down day with all the FUD... NASDAQ:CMCSA is still holding the major Support at its 50% Retracement Level which matches with a past All Time High following the earnings dip.
CMCSA
Buy Comcast (CMCSA) at 44.6$-45.5$ to target 48$Buy Comcast at market (44.6$-45.5$) than w8 some days to sell at 48$
50% Retracement LevelsVideo I made for Best of Us Investors teaching about the 50% Retracement Levels technique. As always, using Tradingview to publish great chart examples!
ABC waves: CMCSA Declining trend end?
01. End of wedge shape.
02. RSI divergence.
03. Elliot has 5 + 3 waves.
Long position now?
Investment for two years. Careful trading.
Comcast long after earnings - Part 2NASDAQ:CMCSA tanked on earnings down to a clear Support level; the 2019/2020 highs and the 50% Retracement of the COVID to recent ATH.
I am being exceptionally patient with entry. I want IV to fall a little more post earnings and then get long via the June 55 Calls.
Comcast analysis. Another great buy for infra development.Hi everyone,
Today we will take a look at NASDAQ:CMCSA stock.
This company will benefit from the infrastructure bill signed in November. I have covered this in my YouTube video.
I would expect company's earnings to reflect the benefits later in 2022.
Where are we at now?
Stock is currently trading at November 2020 level. It has gone down 25% since its top in August, which is quite a lot for such a conservative stock.
What happened?
Stock price met a worthy demand at 46 level and bounced nicely. I consider the area of 48.6 - 48.6 to represent great demand zone; thus, a good accumulation area.
What's next?
With this play expect a half-year to full year hold with additions on key levels.
I would not trade this stock for a short-term gain.
Please let me know your thoughts on this.
Trade wisely and good luck!
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Disclaimer!!!
This is not financial advise.
Telecommunications bad days are over?It seems these giant Telecommunications companies have spent their correction and they all experience higher than average volume in the past few days and they may experience a bullish rally..!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
DISCLAIMER
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$CMCSA [Long]"Comcast Corporation" Price is now retesting..NASDAQ:CMCSA Is now retesting a broken channel, ranging between 51.50 and 49.85. Any price action below this price range will create more odds to the downside.
A close below 47.80 will void the setup.
#AHMEDMESBAH
Comcast long after earningsNASDAQ:CMCSA had earnings yesterday and the stock opened and spiked below the October low. It quickly recapture the range setting up a good spike opportunity. I like taking these sort of setups because earnings is a good catalyst to move a stock (in either direction) and also removes that unknown volatility factor that could disrupt an otherwise good trade.
NASDAQ:CMCSA is a long term portfolio hold for me so this position is a trade and an addition on a pullback for the stock. I use Comcast and they are continuing to dominate the broadband space. I also have it in a basket strategy with other broadband related stocks such as NASDAQ:HLIT , NASDAQ:COMM , and NASDAQ:CSCO .
CMCSA Long Signals:
Position: Long Entry Price: 59.49
Target Price: 66.32 Stop Loss: 58.79
Indicators:
RSI shows that CMCSA is neutral, indicating that a significant trend reversal or corrective pullback is unlikely to occur in the near future.
MACD line is above the signal line indicating the presence of a bullish momentum.
Pattern: 1. Rising Wedge 2. Three Inside Up
Conclusion:
The CMCSA stock is currently consolidating whilst staying within the support and resistance levels. There is a rising wedge pattern and a three inside up pattern both indicating the presence of a bullish momentum. The RSI and MACD do not show any potential of trend reversals in the near future. Hence, a long position is recommended.
Sector early indicator? Media sector, only occasionally.The Media sector, a Consumer Discretionary sub-sector - here represented by Disney (DIS, in purple) and Comcast (CMACSA, in blue), - only occasionally act as an early indicator against the broader market (here represented by the DJIA in gray, and the NASDAQ in black)... falling from peaks: prior to the end of May 2007, prolonged 5 months of weak underperforming prices in 2017, a month and a half of weak underperforming prices around Nov 2019.
CMCSA - STOCKS - 26. APR. 2021Welcome to our weekly trade setup ( CMCSA )!
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4 HOUR
Bullish market turnover.
DAILY
Trendchange and price turnover midterm.
WEEKLY
Expecting more bullish pressure and price action.
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STOCKS SETUP
BUY CMCSA
ENTRY LEVEL @ 54.00
SL @ 53.63
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
Comcast PullbackNASDAQ:CMCSA pulled back today past the 50% retracement I was watching but still holding the Daily Ichimoku cloud. I already own a stake in the shares as part of my "Broadband rollout" investment thesis I began last June. Interestingly another stock NASDAQ:COMM which is also in that basket is up bigly today to a new All Time High.
I added to my shares position for the thesis and long term investment portfolio. It's a good company that should be around in 10 years which is my foremost consideration for investment. I also took short term options to play the run up to earnings on 4/29.
Comcast Corp. Buy📈 NASDAQ:CMCSA Long D1
🛒Buy above = 53.66
🎯Target1 = 54.86
🎯Target2 = 55.59
🎯Target3 = 56.79
⛔️Stop-loss = 51.72
❌Cancel trade = 51.72
Long | CMCSANASDAQ:CMCSA
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%.
Bullflag Breakout?Watching carefully here for CMCSA to breakout of a bullflag at all time highs. Great consolidation and we also see some bullish divergence on the RSI
COMCAST CORP. ANALYSIS📈 NASDAQ:CMCSA LONG H4
🛒Buy above = 50.40
🎯Target1 = 51.25
🎯Target2 = 51.78
🎯Target3 = 52.63
🛑Stop loss = 49.02
❌Cancel trade and open reverse trade = 49.02
🙈Recommended risk = 2-3%
📉 NASDAQ:CMCSA SHORT H4
🛒SELL BELOW = 49.02
🎯Target1 = 48.17
🎯Target2 = 47.65
🛑Stop loss = 50.40
❌Cancel trade and open reverse trade = 50.40
🙈Recommended risk = 1-2%
CMCSA 1D BIG 3 INDICATORBig Three Sub-Chart Indicator turned Green after the Day Candle Closed for an Entry Signal.
Big Three Sub-Chart Indicator shows a Long Entry Signal when the Sub-Chart Bar turned Green after the Day Candle Closed.
Big Three Indicator shows a Long Entry Signal when the Big 3 Indicator background turned Green after the Day Candle Closed
Entered Long Trade at Daily Candle Close.
Close Trade when Sub-ChartBar & Big 3 Indicator Line changes to Yellow or Red.
CMCSA pulling back to trend lineWatching this for a pull back to the trend line and about the $40 area
COMCAST CORP. LONG📈 LONG H4
🛒BUY above = 45.15
🎯Target1 = 45.91
🎯Target2 = 46.39
🎯Target3 = 47.15
🛑Stop loss or cancel trade = 43.90
🙈Risk = (1%-2%)
#CMCSA #CMCSALONG #CMCSABUY
CMCSA to lowerThis looks like it is also heading for another push lower, I would start watching this for a drop below 38.7 with confirmation being below 38 to lower, these same week puts will pay all week if this stays below 36.
