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...
Does not look good, probably because of huge debt they have.
It is at resistance and during recession it might touch the below levels.
I do not like this chart, so I just did some analysis here.
Cheers
Idea Stream for AT&T
Wait for confirmation of the move bullish.
$15.46 is such a pivotal price point; it can play as resistance or as a prior support from June 23- 26. That's why we wait for confirmation of the move. Premarket can help determine consolidation, momemtum, etc
Strategy - If, on October 25th it proves bullish, then:
BUY 15.50 call 11/3 0.25 or...
AT&T almost achieved a +10% rise today, forming a Buy Cross on the 1day MACD.
Though technically bullish, the last two 1day MACD Buy Cross formations priced market tops and were excellent sell opportunities.
Sell now and target 15.00 (Fibonacci 0.5).
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AT&T retreate downwards
This chart shows the weekly candle chart of AT&T company's stocks over the past six months. The graph overlays the golden section above the low point of July this year. As shown in the figure, the highest point of AT&T company's stock last week just hit the bottom of the graph, which is 1.382 on the golden section, and then retreated...
On the daily chart, our EMA 21/50 are trying to create a new bullish wave, after a quick move by the price that shows some strenght.
The last bearish crossover returned a +26%
Price slump since ATH 33.13 (-55%) at 2016
Has to be intact with the blue uptrend line.
Currently price trade blow Hull MA which not a good sign.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not...
NYSE:T (AT&T Inc.) has exhibited a bearish parallel trend line, indicating a sustained downtrend. However, recent price action suggests the potential for a bullish reversal. It's noteworthy that NYSE:T pays dividends, adding an attractive income component for investors. Considering its dividend history and the possible shift in sentiment, NYSE:T could be a...
Nice fallling wedge on the weekly and if price hold 14.61 and show bullish momentum to get to the trendline, then ill be bullish and i also get early because i want all the juice in the trade. ill mostly get out at 18.85.
If you haven`t sold T here:
Then analyzing the options chain and the chart patterns ofT AT&T prior to the earnings report this week,
I would consider purchasing the 15usd strike price Calls with
an expiration date of 2023-11-17,
for a premium of approximately $0.79.
If these options prove to be profitable prior to the earnings release, I would sell at least...
T is near 25 year lows and put in a three drives down pattern showing selling exhaustion. It could easily run to VAH for +100%. Today's daily candle is a huge bull hammer and they had great earnings, along with VZ which they own and has a similar chart.
AT&T's Two-Year Restructuring Journey: A Focus on 5G and Fiber Networks
Over the last couple of years, AT&T has actively undertaken a restructuring process by divesting its non-core assets and initiating spin-offs of DirecTV and WarnerMedia. The company's primary goal has been to realign its focus and prioritize the enhancement of its 5G and fiber networks,...
AT&T investors await management comments on financial and legal liability for lead-clad cables abandoned long ago, potentially contaminating soil and water sources in the US. Share prices have yet to recover from a three-decade low after a Wall Street Journal report exposed toxic lead cables left behind by telecom giants. AT&T seeks to allay concerns but faces...
![T: T - Falling Trend Channel [MID-TERM]](https://s3.tradingview.com/a/AmRE0AsQ_mid.png "T - Falling Trend Channel [MID-TERM]")
