Personal liking aside, CMCSA is in the midst of a crossroad between utopia and dystopia :)
In an ideal world, I hope the uptrend line is supported with a break above 36.60 for more upside towards 38.17 and a longer term target of 42.
Yet in the event that it should break 34.50 then the market would have decided that it favors the downside more than my personal liking or bias.
Reflection: The key is not knowing for sure what a stock is going to do next, but knowing what it should do. Then it's just ensuring if the train is on schedule or not and adapting to the situation presented.
In an ideal world, I hope the uptrend line is supported with a break above 36.60 for more upside towards 38.17 and a longer term target of 42.
Yet in the event that it should break 34.50 then the market would have decided that it favors the downside more than my personal liking or bias.
Reflection: The key is not knowing for sure what a stock is going to do next, but knowing what it should do. Then it's just ensuring if the train is on schedule or not and adapting to the situation presented.