Comcast may rise to 42.60 - 43.40

Our pivot point stands at 38.8.

Our preference

The upside prevails as long as 38.8 is support.

Alternative scenario

Below 38.8, expect 37.6 and 36.8.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 38.5465 and 38.6672).

Supports and resistances

44.2 **

43.4 *

42.6 **

41.9

40.08 (USD-last)

39.3

38.8 **

37.6 *

36.8 **

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