Comcast's most recent trend suggests a bearish bias. One trading opportunity on Comcast is a Bear Call Spread using a strike $55.00 short call and a strike $60.00 long call offers a potential 7.99% return on risk over the next 19 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $55.00 by expiration. The full premium credit of $0.37 would be kept by the premium seller. The risk of $4.63 would be incurred if the stock rose above the $60.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Comcast is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Comcast is bearish.
The RSI indicator is at 22.22 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Comcast
[$$] FCC Considers Regulations for Web-Video Services
Tue, 30 Sep 2014 04:43:11 GMT
The Wall Street Journal – The FCC is considering regulations for companies that provide cable-like subscription video services via the Internet.
[$$] FCC Asks Media Firms for Details of Comcast Contracts
Tue, 30 Sep 2014 04:42:57 GMT
The Wall Street Journal – The FCC wants media companies to submit details of their programming agreements with Comcast, as it reviews the proposed $45 billion merger with Time Warner Cable. TV channel owners are wary.
Final Glance: Media companies
Mon, 29 Sep 2014 22:02:41 GMT
Final Glance: Media companies
Mon, 29 Sep 2014 22:02:41 GMT
Large Telecom Operators Turn to the SMB Segment Again
Mon, 29 Sep 2014 21:45:02 GMT
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