Description
⋅ Technical analysis
- OBV keeps a steady uptrend, surprisingly... Since its price has dropped about 40%.
- Fibonacci retracement has its 61.8% line at $102.
- We are at a SMA(100) support.
- Market moving out of growth, into value.
Moving market news
- Pivotal research downgrades to $60 (SELL).
Comcast (CMCSA) is gifting its streaming box, it was selling it before at $5.
Note
* Keeping a tight stop limit, there is a great risk reward ratio.