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Is CMCSA poised for a decline? Lower Bollinger Band Walk shows up after sinking 0.9%
On Wednesday, October 15th, CMCSA moved down 0.9% while volume was to 0.9× the usual levels. Lower Bollinger Band Walk — typically a warning sign for traders — developed during the session. Key support levels exist at 29.41, 29.1 & 28.74, with resistance at 30.07, 30.43 & 30.74. Meanwhile, Slow Stochastic is showing oversold conditions.
Current SwingTradeBot Technical Rating of CMCSA: F
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