It seems these giant Telecommunications companies have spent their correction and they all experience higher than average volume in the past few days and they may experience a bullish rally..! You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts! Best, Moshkelgosha DISCLAIMER I’m not a...
Looks like we are at a reasonable support seeing how price has tested this low that we are at about 4 times since December of 2018. In May, a previous high was broken and although since then, price has made a newer low we still need to be careful with our price targets long term. I believe that price retracing the previous of May of this year could be more than...
I like Atnt even though their annuals financials are shaky. I love the acquisition of DISCA which will take effect next year. Atnt is at or near a strong support and I like the variety of things Atnt is involved with. I feel that they are making noise behind the curtain and is also claimed to be popularly known as a defensive stock. Stochastic is at support on the...
The Telecommunications sector - here represented by AT&T (T, in teal) and Verizon (VZ, in pink), - does not often clearly act as an early indicator against the broader market (here represented by the DJIA in gray, and the NASDAQ in black)... falling from peaks in Jul 1999, then a prolonged period around two years of weak underperforming prices from 2013-2015, and...
I don't really need to go too into detail. Everybody knows this stock has some explaining to do....I think I caught price action. The three major U.S. wireless companies spent heavily at a recent wireless-spectrum auction that raked in a record $81.2 billion and is expected to dramatically reshape the telecommunications industry for years to come. 1. Verizon...
Within the last two quarters price reached $30 at least three times. Sorry, I wont be able to post notes. Started Grad school and football season is here and am coaching. Please understand research was done for this markup.
The market started to show great sector rotations after such a huge correction. To build some positions again, sectors that are more defensive despite the coronavirus are my main focus now. T is one of the name that I'll be looking at. Solid business, nice dividend yield in such price level, and a nice setup to trade! If this daily shooter is able to break to...
Looking at the 20, 50 and 200 moving day crosses and relations back to 2009 seem to indicate T will test the recent 52-week highs break through and consolidate before boosting up on 5g cycle follow-through. T is trending to be a $50 dollar stock by the end of 2022 Watch for the cross of Moving averages in the weeks to come to confirm a long trade or even a...
As mentioned before, T has been the lagger of the defensive sector . It hit the 0.618 since 2008 @ 29.60 a few while ago, and formed a daily double bottom finally! What's more, the entry of the 2618 will be at the 30.00 fig spot! Accordingly, I will be very interesting in this trade! Let's see how it goes!
I have finally decided to chart AT&T. Looking for a deeper pull back into the 618 at the 27-29 range. We have momentum slowly turning positive, with some buy signals stacking. Were at the bottom of the bolly band with the failed false breakout of 3 years back into its proper wedge. Lets see what happens. Dividends for all! I want everyone to win! Happy...
AT&T has been so weak to make a new low after the 2015.08.24 low! The earnings report day is coming, there is a potential bullish butterfly about to be formed before 30.00 fig. Of course, this trade requires a intraday reversal sign AFTER the earning report, if going down after earnings but not breaking the 30.00 fig (Kinda a no-brainer SIZE over there) and give...
Hi guys. Here's my three keys for AT&T. Have a nice day.