CMCSA: Take the not too crowded short

Let's enter shorts in CMCSA at market price, stop loss is 68.32. Looks like a good chance with bearish RgMov signals pointing to further downside, while the daily chart uptrend turns around dropping under the Key Earnings Support level above. This is a very conservative stop loss, but I prefer to take small risks when it comes to fighting the trend.

Good luck!

Ivan Labrie.

Yorum:

Small move so far, but seems ok. Patience required.

Yorum:

Good progress!

Yorum:

Hold!

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