CTP2 trade ideas
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.
CMCSA LONG2% Div Yld
Adjusted Op Earnings Growth 10%
Blended P/E 15
Normal P/E 15.89
Consistent with 16% EPS Chg/Yr
Value Estimate $66
Analyst Consensus $59.08
$CMCSA looking like it could be ready again...I like the look, but the market is not to be taken lightly right now. Going to look over any options spreads to see if there are a few reasonable ideas...
$CMCSA relative strength...Looking for potential value plays...this is one I am eyeing as a potential. Could squeeze out of these smas here, to find a low risk, high reward play a few weeks out...
cmcsa buycmcsa buy ... buy after the break above the resistance level and 50ma at 51.80 ... first target 57.35 .. finally target 61.50 ..
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.
Comcast Downtrend Channel w/ Fib RetracementComcast showing downtrend channel with fib lines charted. Waiting for breakout outside of channel. Good fundamental analysis so just waiting on technical indicators.
$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 .
Possible Ascending TriangleWait for a breakout to the upside, retest and another breakout to the upside before trying to ride the wave up.
Making base of triangle first before expanding price to the upside.
Comcast CorrectionCMCSA Correction breaking the upward channel, should continue correction down to $51 at-least before re-bounce.
Stock in Sideways or ShortingComcast Corporation in daily Timeframe Correction which expected to go till March 2022...can avoid or short below 54 for target 45..
But it's better to avoid it
CMCSA : Buy Above 57.3Buy CMCSA Above 57.3.
Price emerging strongly from the Demand Zone.
Provides good Risk Reward trade.
$CMCSA - omniousCMCSA broke down from its trend pattern a couple days ago on a big down day. Retraced back to support line which has now become resistance. Then following with a negative day. Not a great look but it is a great company. Was a top pick for me last year but will be moving into other places going forward. Energy, Financials, Materials, Industrials, megacap growth are better going forward. VIAC is a buy at my firm though FWIW
$CMCSA - 7% drop yesterday CMCSA was beaten down badly yesterday. It is rebounding a little but I would expect resistance at the bottom of the wedge. Since this was a massive one day drop for a huge company, the next few day will let us know if this is going to continue lower or get back in its range. Could be an attempt to wipe out stops before resuming higher. It is on watch.
$CMCSA - retest of the breakoutCMCSA retested the breakout today. Not a fast mover by any means but a solid company with solid growth for years.
1.618 PCZ of Bearish Butterfly Reached at OverboughtI expect that we will soon see the MACD cross bearishly where we will then begin a major reversal.
Long CMCSA 24-05-2021Asset and Time frame -Daily
Entry Price -55.58
Exit(Stop Loss) -53.54
Exit(Take Profit) -61.67
Technical Analysis -Price has been going inside an uptrend channel for a very long time, the price has reached the bottom of the channel and the daily 100 MA, price action tried breaking the channel with massive volume with no success.
CMCSA held broken resistance as support!CMCSA held broken resistance as support for two weeks. This also confirms the ascending triangle formation I mentioned a while ago.
I placed a buy stop order at $59.80 with a stop loss at $57.44 and a target of $65.79.
CMCSA Long Signals:
Position: Long Entry Price: 59.49
Target Price: 66.32 Stop Loss: 58.79
Indicators:
RSI shows that CMCSA is neutral, indicating that a significant trend reversal or corrective pullback is unlikely to occur in the near future.
MACD line is above the signal line indicating the presence of a bullish momentum.
Pattern: 1. Rising Wedge 2. Three Inside Up
Conclusion:
The CMCSA stock is currently consolidating whilst staying within the support and resistance levels. There is a rising wedge pattern and a three inside up pattern both indicating the presence of a bullish momentum. The RSI and MACD do not show any potential of trend reversals in the near future. Hence, a long position is recommended.
Ascending trianglePrice is slowing down, but loooks steady enough to reach 6$ per share
RIDE THE WAVE UPPP
