Call toll-free 800.328.1267
[showmodule id=”58959″]
Comcast has pulled back after making a new high last month, and now it could be turning upward again.
The media giant battled against a downward-sloping trend line running from March 16 through last Wednesday. But it ended last week breaking above it.
Second, notice the hammer on April 9 had its low around $52.50 — almost exactly the high on November 24. That level held price in check through late February. Old resistance may be turning into new support.
Next, CMCSA…
For more, please click here to view the related idea and chart analysis on TradingView.
Money is flowing back into stocks as investors hope for a better inflation report this week. The S&P 500 rose 1.9 percent between Friday, May 3, and Friday, May 10. It was the third straight positive week. More than four-fifths of the index's members advanced,...
Oracle jumped to new highs almost two months ago. Now, after a pullback, the software giant may have found support. The first pattern on today’s chart is the gap higher on March 12 after earnings surprised to the upside. ORCL retraced the move and is starting to...
Most of the big earnings reports have now occurred, and so far they've done little to boost the market. Companies like Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Caterpillar (CAT) and Intel (INTC) reported profits above Wall Street estimates. However...