Stocks

Comcast gives in to negative pressure - Analysis - 27-10-2020

2020-10-27 13:22:12 GMT (Economies.com)

Comcast's stock skidded 2.86% in the last session after touching the resistance of the 50-day SMA, while hurt by piercing the upside trend line recently, while also breaching the support of 43.93. 

 

Therefore we expect more losses for the stock, targeting the support of 41.56. 

 

Expected trend for today: Bearish 

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