Is Momentum Changing for Comcast Corporation? Price Just Crossed Above Its 20 Day Moving Average

2 mins read

The Daily View for Comcast Corporation At the time of this writing, CMCSA’s price is down $0 (0%) from the day prior. This move is a reversal from the day prior, which saw price move up. If you’re a trader with a preference for rangebound markets, you may wish to note that there isn’t a clear trend on the 20, 50 and 100 day timeframes. Price action traders may also wish to note that we see a doji candlestick pattern on Comcast Corporation. Given that we see downtrend on the 10 daily candle timeframe, and that such candlestick patterns often…

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