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May 26, 2021 at 04:08PM
• Comcast rising inside impulse wave 3
• Likely to rise to resistance level 58.50
Comcast continues to rise sharply in the minor impulse wave 3 – which started earlier from the pivotal support level 53.75 (which has been reversing the price from April).
The active impulse wave 3 belongs to the higher level intermediate impulse wave (3) from the start of last month.
Given the predominant uptrend that can be seen on the daily charts – Comcast can then be expected to rise further toward the next resistance level 58.50 (former multi-month high from March).
From: The FxPro News Team https://fxpro.news/technical-analysis/comcast-wave-analysis-26-may-2021-20210526/
Selected by fonecable.com
Search Web: Comcast Wave Analysis – 26 May, 2021
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