CMCS34 trade ideas
Comcast Corp buy opportunities with new monthly demand levelsOn Comcast Corp american stock #CMCSA we have a clear monthly uptrend with new demand levels being created while breaking all time highs. In an uptrend with demand levels being created and respected, no shorts are allowed, only buying the underlying stock at new demand imbalances.
This is a longer term analysis for Comcast Corp, you can use lower timeframes to take a trade on this stock. By taking into consideration the long term big picture trend, we will be adding more odds when buying Comcast.
Two monthly demand imbalances have been created around $42 and $36 per share, price did not retrace to strong demand level at $36 but it did retrace to the imbalance at $42.
A crisis is due but not as big as you might think Over the years I grew frustrated with EWI counts of SPX500 and tried diving into individual stocks myself for better clues on what to expect.
I think we are either in or about to start a primary wave four in most tech stocks which now drive SP500 performance. I will be posting more ideas on MSFT, AAPL, AMZN and any stock that demonstrates a clear technical picture.
Comcast bounce potentialI'm seeing lots of call-buying in Comcast (CMCSA) today, partly because it has fallen to a support level, and partly because of news that the company will invest 2 billion dollars in a streaming service in partnership with NBC to compete with Disney, Hulu, and Netflix. Honestly this is a crowded space, Comcast may be too late to the game, and profitability for the service is still five years away, but hype around the new streaming service could still buoy the stock this week. Comcast has a 7.7/10 analyst summary score and a 2% dividend return. The stock tends to beat earnings estimates and has a reasonable P/E of about 16.
Comcast Continues to aim for ATHEntry level $45.40 = Target price $47.25 = Stop loss $44.83
Moving averages in nice bullish formation.
Company profile
Comcast Corp. is a media, entertainment, and communications company, which engages in the provision of video, Internet, and phone services. It operates through the following segments: Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, Theme Parks, and Corporate and Other. The Cable Communications segment provides video, Internet, voice, and security and automation services under the Xfinity brand. The Cable Networks segment consists of national cable networks, regional sports, news networks, international cable networks, and cable television studio production operations. The Broadcast Television segment includes NBC and Telemundo broadcast networks. The Filmed Entertainment segment involves in the production, acquisition, marketing, and distribution of filmed entertainment. The Theme Parks segment consists of Universal theme parks in Orlando, Florida; Hollywood, California; and Osaka, Japan. The Corporate and Other segment includes operations of other business interests, primarily of Comcast Spectacor. The company was founded by Ralph J. Roberts in 1963 and is headquartered in Philadelphia, PA.
COMCAST - DAILY CHART Hi, today we are going to talk about Comcast and its current landscape.
Comcast is poised to receive increasing attention from the market as the Universal Pictures movie "Cats" that had a budget of about $100 million has been rebuked with an opening of $6.5 million in ticket sales, and reviews labeling the movie as one of the worse of the year, the movie also has hit the theaters with unfinished Visual Effects (VFX), setting this movie to be a huge loss for Comcast and a failed interpretation of the Thomas Stearns Eliot iconic musical.
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Monday trade in Comcast CorpEntry level $43.76 above the 200ma.
Target price $45.17 below monthly horizontal resistance.
Stop loss $43.37
$CMCSA Reversal trade in ComcastEntry level $44.14 = Target price $45.80 = Stop loss $43.50
Average analysts price target $ 52 | BUY
P/E ratio 16
Comcast Corp. is a media, entertainment, and communications company, which engages in the provision of video, Internet, and phone services. It operates through the following segments: Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, Theme Parks, and Corporate and Other. The Cable Communications segment provides video, Internet, voice, and security and automation services under the Xfinity brand. The Cable Networks segment consists of national cable networks, regional sports, news networks, international cable networks, and cable television studio production operations. The Broadcast Television segment includes NBC and Telemundo broadcast networks. The Filmed Entertainment segment involves in the production, acquisition, marketing, and distribution of filmed entertainment. The Theme Parks segment consists of Universal theme parks in Orlando, Florida; Hollywood, California; and Osaka, Japan. The Corporate and Other segment includes operations of other business interests, primarily of Comcast Spectacor. The company was founded by Ralph J. Roberts in 1963 and is headquartered in Philadelphia, PA.
$CMCSA Bullish Pattern targeting 48-50 Stoploss 40 Bullish candles pattern for last 3 sessions RSI -MFI signals but stochastic still down .Targeting top of the channel between 48-50 .. to be confirmed after closing above 46.25 .. Stoploss for this idea is to close below 40
CMCSA - Weekly Mean Reversion - Bull Put Credit SpreadLow Weekly RSI & Low HV with High Vol.
W RSI <20
Looking for Reversal to Mean higher.
Taking 42.5/40 Bull Put Spread.
with 45 Calls for directional bias Higher.
Dec Exp but aiming to Close in profit well before that...
Good Luck - Watch your $$$ RISK
...Any questions just DM me...
$CMCSA daily #chart falling wedge #fallingwedge #stocks$CMCSA is trying to breakout from a falling wedge on the daily chart
Price has found support at the 23.6% retracement of the DEC'18 - SEP'19 rally
Not very important, but notice the lower volume trend as the price goes down
Yesterday the breakout was negated, surely they will try again today with the broad market stronger
Estimated targets are 45.30 previous year high(T1), 45.99 the gap fill of the 5th SEP low(T2) and 47.27 current YtD high(T3)
quick long seeing strong rejection on longer daily uptrend. just hit the .5 retracement and looking for some quick upside calls
COMCAST A SAFE HAVEN IN STORMY TIMES. IN TIMES OF TROUBLE COMCAST WILL BE REGARDED AS SOMEWHERE TO PARK YOUR MONEY AND WAIT FOR THE CLOUDS TO CLEAR.
INDICATORS ARE TURNING BULLISH ONCE AGAIN, BUT THERE NEEDS A SERIOUS INJECTION OF VOLUME TO BREAKOUT FROM THE CURRENT RESISTANCE.
NEXT WEEK SHOULD TEST THE STRENGTH OF INVESTORS CONVICTION AND APPETITE FOR RISK OR SAFETY.
CMCSA In the midst of an adjustment trend of downward direction 19-JUL
www.pretiming.com
Investing position: In Rising section of high profit & low risk
S&D strength Trend: In the midst of an adjustment trend of downward direction box pattern price flow marked by limited rises and downward fluctuations.
Today's S&D strength Flow: Supply-Demand strength has changed from a weak selling flow to a strengthening selling flow again.
Forecast D+1 Candlestick Color : RED Candlestick
%D+1 Range forecast: 0.6% (HIGH) ~ -0.9% (LOW), -0.1% (CLOSE)
%AVG in case of rising: 1.3% (HIGH) ~ -0.5% (LOW), 0.9% (CLOSE)
%AVG in case of falling: 0.6% (HIGH) ~ -1.1% (LOW), -0.4% (CLOSE)
Comcast holds great potential for the second half of 2019 COMCAST CORP. NASDAQ (CMCSA) HAS OUTPERFORMED ITS PEERS FOR SOME TIME AND HAS REWARDED INVESTORS WITH A 30% RETURN IN 2019 WHILE ALSO HAVING A HEALTHY DIVIDEND OF 2% .
INITIAL PANIC OVER THE SKY DEAL HAS EASED.
COMPANY IS HIGHLY DIVERSIFIED WITH MULTIPLE REVENUE STREAMS.
LOW VULNERABILITY TO TRADE DISPUTE.
GREAT TRACK RECORD OF DOUBLE DIGIT REVENUE GROWTH ANNUALLY.
VERY REASONABLE VALUATION.
STOCK IS IN A VERY BULLISH CONSOLIDATION, BREAKOUT EXPECTED VERY SOON IF THE MARKET SENTIMENT CONTINUES TO BE BULLISH
AVERAGE ANALYSTS PRICE TARGET $48.14
AVERAGE ANALYSTS RECOMMENDATION OVERWEIGHT
P/E RATIO 16.5
SHORT INTEREST 1.5%
COMPANY PROFILE
Comcast Corp. is a media, entertainment, and communications company, which engages in the provision of video, Internet, and phone services. It operates through the following segments: Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, Theme Parks, and Corporate and Other. The Cable Communications segment provides video, Internet, voice, and security and automation services under the Xfinity brand. The Cable Networks segment consists of national cable networks, regional sports, news networks, international cable networks, and cable television studio production operations. The Broadcast Television segment includes NBC and Telemundo broadcast networks. The Filmed Entertainment segment involves in the production, acquisition, marketing, and distribution of filmed entertainment. The Theme Parks segment consists of Universal theme parks in Orlando, Florida; Hollywood, California; and Osaka, Japan. The Corporate and Other segment includes operations of other business interests, primarily of Comcast Spectacor. The company was founded by Ralph J. Roberts in 1963 and is headquartered in Philadelphia, PA
Stock Pick for Position Traders: $CMCSAAfter consistently monitoring the movement of $CMCSA, it just did a breakout from its range and is now sitting above MA20 acting as its current support, EMA10 is about to cross above MA20, while RSI is at 57 level.
