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COMCAST SPECIAL STOCK
(CMCSK-Nasdaq):
Technical Viewpoint: From a low
of $62.19 on Mar 31, 1999 prices
rallied, reaching a
high of $71.69
on Apr 13, 1999. A
decline saw prices pull back, reaching a
low of
$57.81 on Apr 19, 1999.
Another rally saw prices penetrate
resistance, closing 5/5/99
at $75.59. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on May 5, 1999 when the Histogram crossed the "0" line to the upside.
Support: Remains at $65.00. Resistance: Is at $77 1/8.
Point & Figure: Reversed to the upside on Apr 30, 1999. A P&F upside
reversal takes place at $72.00. Summary: Technical indicators have turned bullish. BUY! COMCAST SPECIAL STOCK
(CMCSK-Nasdaq) @ $76 1/8 Stop: Use a protective stop of $73 1/4.
COMCAST SPECIAL STOCK is currently trading @ $75.59 plus $8.90 on May 5, 1999. Price Objective:
$97.00. Risk/Reward: $2 7/8 VS. $20 7/8. Today's Risk Reward Ratio: 7:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$97.00
Risk/Reward:
$2 7/8 VS. $20 7/8
Risk/Reward Ratio:
7:1
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