AT&T ( NYSE:T ) has emerged from the first quarter with impressive figures, showcasing resilience in the face of challenging market conditions. Despite a slight dip in earnings compared to the previous year, AT&T's performance has exceeded analyst expectations, buoyed by strong free cash flow and robust growth in wireless subscribers.
Solid Earnings...
Introduction:
In the AT&T stock chart, I observed a tendency to break out of a long-standing downtrend. While there are rising trends within the downtrend, it may not be reasonable to expect potential gains unless the downtrend is broken. In the event of a breakout of the downtrend, we may anticipate movements towards the points indicated by the black horizontal...
If you haven`t sold the double top on T:
nor bought the dip:
Then analyzing the options chain and the chart patterns of T AT&T prior to the earnings report this week,
I would consider purchasing the 16.50usd strike price Puts with
an expiration date of 2024-4-26,
for a premium of approximately $0.46.
If these options prove to be profitable prior to the earnings...
From the graph we have a great possibility. If prices do not overcome the 17.05 region we can see prices seeking first the long average (white line) and then the 15.09 and 14.83 bands (support).
For this to happen, prices must drop below 15.95, as shown below.
Resistances: 16.79 and 17.05.
Supports: 15.09 and 14.83.
The value of 14.83 is a possible target...
T has pulled back to the area of the 100% extension of wave 1 and 2, which aligns with the abc target from the current high. If a bottom is found, there is great upside to be had in this dividend monster.
Forming Cup and Handle, breaking out of BB, MACD turning positive, RSI crossover. While there are multiple reasons for a pull-back, this could be a breakout. Will hold a long position until I think otherwise; T has been beaten up without redemption.
Telecom giant AT&T ( NYSE:T ) finds itself embroiled in an investigation following a distressing data breach that has left millions of customers vulnerable to exploitation on the dark web. The incident, which occurred approximately two weeks ago, has thrust AT&T ( NYSE:T ) into the throes of cybersecurity scrutiny as it grapples with the fallout of compromised...
Hello everybody
As I mentioned before we all need to have a monthly or weekly timeframe watchlist
for our next investments. When you enter in a weekly or monthly rally (Wave 3,5,A,C) you can guarantee your trades and prevent to be trapped in numerous support/resistance levels included in correction patterns.
For this reason I have decided to let you put this NYSE...
NYSE:T
Analysis is based on simplified SMC concepts.
Price has consistently broken bearish structure and maintaining Lower Lows and Lower Highs. The "Strong" high of $20.50 is considered the trade idea invalidation point. Any break and close on the weekly or daily timeframes above $20.50 would invalidate this trade idea. Any trades taken in the premium zone...
Over the past year, Verizon and AT&T, two of the largest telecommunications giants, have seen their stock prices go lower... and lower... and lower.
This decline has been notable, catching the attention of not only markets in general, but the telecom sector as a whole and bellwether dividend investors.
The downward trend is especially notable when you consider...
If you haven`t sold the double top on AT&T:
nor bought the dip:
Then analyzing the options chain and the chart patterns of T AT&T prior to the earnings report this week,
I would consider purchasing the 17usd strike price at the money Calls with
an expiration date of 2024-1-26,
for a premium of approximately $0.43.
Looking at the chart, I think T is heading to a...
Weekly chart looks good for a long swing trade.
Oversold after the lead cable news, earnings report was not bad. Sitting right now at support.
Double bottom, rsi bullish divergence.
T daily data is conveying massive massive volume. Last trading day volume is above the usual.
Net buy positions have increased +40% from its average numbers -- an indication of a incoming price shift (upside).
The stock is currently sitting below 78.6 FIB LEVEL, a strong major order block support where buyers converge.
This is a discount area. Best spot to...
AT&T has formed a Dark Cloud Cover after being rejected from the upperbound of the Resistance Zone and is now trading below the 200SMA and 800EMA with Hidden Bearish Divergence forming on the MACD. If it plays out, I think we could see AT&T make its way down towards $13.20
The purpose of this is to document and track my trade plan for ATT. This is not financial advice and these are not plays.
Nomenclature: Accumulation to me is the acquisition of "free" shares that are paid for by profits on trades. I.E. If I buy 100 shares and sell 80 at 20% profit, the remaining 20 are "free" since my initial entry cost was recovered. If I...
