- Comcast reversed from key support level 32.50
- Likely to rise to resistance level 35.00
Comcast recently reversed up from key support level 32.50, which stopped the previous sharp downward impulse wave at the end of December.
The support level 32.50was further strengthened by the lower daily Bollinger Band and by the support trendline of the daily down channel from November.
Given the oversold daily RSI indicator, Comcast can be expected to rise to the next resistance level 35.00.
By the FxPro Analyst Team
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By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
إخلاء المسؤولية
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.