Comcast may rise to 41.40 - 42.20

37.6 is our pivot point.

Our preference

Our next up target stands at 41.4.

Alternative scenario

The downside breakout of 37.6 would call for 36.4 and 35.7.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the stock is above its 20 and 50 day moving average (respectively at 38.47 and 38.802).

Supports and resistances

42.9 **

42.2 *

41.4 **

40.7

39.18 (USD-last)

38

37.6 **

36.4 *

35.7 **

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