- Comcast reversed from key resistance level 28.00
- Likely to fall to support level 26.00
Comcast recently reversed from the resistance zone between the key resistance level 28.00 (which has been reversing the price from November), lower trendline of the down channel from July and the upper daily Bollinger Band.
The downward reversal from this resistance zone created the daily Shooting Star which stopped the previous short-term correction wave ii.
Given the overriding daily downtrend, Comcast can be expected to fall further to the next support level 26.00 (which stopped earlier waves iii and i).
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
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.