CMCSA hit $50.75. Ideal target is $51.00. Did it top?

CMCSA looks, IMHO, close to topping. Note the – div on the daily MACD, FSTO, weekly-RSI(5) -later two not show.
CMCSA update 12012013

Advertisements

2 thoughts on “CMCSA hit $50.75. Ideal target is $51.00. Did it top?

    • Hey Tom! Probably the first target. It’s also where V=I. After that anything is possible since III is larger than I and 3rd waves can never be the shortest. Since that’s out of the way… Look how price beautifully back tested the upper trendline of the trend channel it’s been in all of III and IV. V broke out of it…

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s