Technical Analysis Spotlight: Comcast Ticker Symbol CMCSA

by Bryan D. See | February 17, 2008 at 05:08 am
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During the last six months Comcast has lost almost a third of its market capitalization. With its recent fourth quarter results, Comcast is a buy. Here’s why.

There are two resistances as shown by the trend-lines in the chart below. On 2008-02-14 and 2008-02-15, prices crossed both resistances decisively.

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