Comcast may rise to 41.90 - 42.80

Our pivot point stands at 37.3.

Our preference

Short term rebound towards 41.9.

Alternative scenario

The downside breakout of 37.3 would call for 35.8 and 34.9.

Comment

The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the share stands below its 20 and 50 day moving average (respectively at 38.897 and 40.2808).

Supports and resistances

43.7 **

42.8 *

41.9 **

41

38.68 (USD-last)

37.9

37.3 **

35.8 *

34.9 **

Number of asterisks represents the strength of support and resistance levels.