$CMCSA Comcast Corporation Stock Robo Analyst May 16 2020 #CMCSA
Comcast Corporation (CMCSA) “On a long-term technical basis, the stock (CMCSA) is trading below its 200-day moving average which implies it is in a negative trend. The new level of support is at 32.80.
The stock has support at 35.53 and 32.80. If the stock breaks down through support at 35.53 then it will probably continue lower to 32.80. The stock has resistance at 36.32 and at 38.71. If the stock breaks up through resistance at 36.32 then it will probably continue higher to 38.71. The 200-day moving average is at 42.49. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (23.73), so look for a possible rebound soon. Confirm this with the Short-Term Opinion and Daily Opinion to keep from exiting prematurely.”