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After Yesterday's Rally of 1.33% Shares Could Potentially Pullback

By Amy Schwartz

Comcast Corp-A (NASDAQ:CMCSA) traded in a range yesterday that spanned from a low of $45.71 to a high of $45.89. Yesterday, the shares gained 1.3%, which took the trading range above the 3-day high of $45.82 on volume of 185,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.

SmarTrend is tracking the current trend status for Comcast Corp-A and will alert subscribers who have CMCSA in their portfolio or watchlist when shares have changed trend direction.

Over the past year, Comcast Corp-A has traded in a range of $32.61 to $47.27 and is now at $45.83, 41% above that low. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.5%.

Keywords: rebounders comcast corp-a

Ticker(s): CMCSA