When the entire market is oversold two days ago, Comcast suffer the similar faith
But just when it looked bleak because a broke of trendline is first half of the trading session,
at the end of trading day it closed as a DOJI exactly on the mid-term trendline extended from Nov 2011
And there is a follow through on Friday.
With RSI gradually moving up, there is at least a short-term buy signal if price break 54 next Monday not oblivious to the fact that it an still be rejected at 54.68 due to down slope 20&50ema.
If price can break 54.69, there is a potential right shoulder.
Whether the right shoulder will mimic the left shoulder or a bigger shoulder like Auzy opera house, will find out in due course.
But just when it looked bleak because a broke of trendline is first half of the trading session,
at the end of trading day it closed as a DOJI exactly on the mid-term trendline extended from Nov 2011
And there is a follow through on Friday.
With RSI gradually moving up, there is at least a short-term buy signal if price break 54 next Monday not oblivious to the fact that it an still be rejected at 54.68 due to down slope 20&50ema.
If price can break 54.69, there is a potential right shoulder.
Whether the right shoulder will mimic the left shoulder or a bigger shoulder like Auzy opera house, will find out in due course.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.