Comcast may rise to 40.20 - 41.00

Our pivot point stands at 36.7.

Our preference

Short term rebound towards 40.2.

Alternative scenario

The downside breakout of 36.7 would call for 35.5 and 34.7.

Comment

The RSI is below 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 38.1655 and 38.6306).

Supports and resistances

41.7 **

41 *

40.2 **

39.5

37.86 (USD-last)

37.2

36.7 **

35.5 *

34.7 **

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