Comcast (CMCSA) is a provider of video, high-speed Internet and phone services (cable services) to residential and business customers in the U.S. This stock is trading up 5.1% at $28.64 in recent trading.
Today's Volume: 25.3 millionAverage Volume: 15.3 million Volume % Change: 139% From a technical perspective, CMCSA is gapping up big today on gigantic volume above some past overhead resistance at $26.89. This move is now pushing the stock into overbought territory since its current relative strength index (RSI) reading is now 80.68. An RSI reading over 70 is considered overbought. That said, overbought can become more overbought, and the stock can still easily march higher. I would continue to look for long-biased trades in CMCSA as long as this stock can continue to trend above $26.89 with strong volume. Comcast shows up on lists of 10 Stocks of Top-Performing Funds in 2012 and Goldman Sachs' Consumer Stock Best Buys for 2012. Follow @stockpickr
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