Comcast may rise to 44.80 - 45.70

Our pivot point stands at 39.5.

Our preference

As long as 39.5 is support look for 44.8.

Alternative scenario

Below 39.5, expect 38.1 and 37.3.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 41.3928 and 40.3787).

Supports and resistances

46.5 **

45.7 *

44.8 **

44

41.545 (USD-last)

40

39.5 **

38.1 *

37.3 **

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