TCL trade ideas
AT&T-keep buying the dip? This is my first time on here and just wanted to test out some ideas!
AT&T has fallen greatly from its norm, I have often traded this stock due to its quick recovery anytime the price goes down $29. However this time l feel that it would possibly keep dropping to $26 if it doesn’t bounce back to $29-$30.
Even if nothing new is being pumped out into the public, they are still very well established as a company.
What are your thoughts?
ATT - Value PlayATT another boring and very slow moving stock. Forward PE ratio just under 10. You could argue this is anti inflation, anti recession, value rotation type of play. And it offers a dividend. This should be added for a long term hold to the part of your portfolio that you do not trade. Pairing it with BABA, GILD, PFE, WBA, VTRS, AHT, BKD, VEON and so on is a great way to build out a core portfolio without having a huge downside risk. Longterm these value stocks will outperform imo. To make it juicier, selling puts against them should generate more income.
A few other reasons to get excited about it:
- Insiders are buying at these levels. In May CEO, CFO and one of the directors bought a combined of 150,000 shares ~ $4,350,000.
- 200 million customers
- 5G play
- Recently awarded contract upgrade the data network at the Veteran Affairs worth $735 million
Not financial advice.
T AT&T I wasnt interested in, until it did this...I wanted to put a chart that you could track this with to go with the video.. SO here it is.
I made a key code of the price action then found an exact match to this move in the past.... one that matched at lease 95% or better. That way if the move is that close to the same shape we have now it must mean the sentiment of the market was the same at that time. Therefore, the outcome should be the same coming out of the move. I then used PTP which is Past Trend Prediction by tracing the trend it made after this move in the past and projecting it forward on to the current move.
Then I took the same move on the Daily which is a different Time frame then the first..and found the same move with out a key and traced its path and projected it forward as well.
Sometimes I use about 5 other Price Action tricks I have have developed over the last 10 months or chart out the Curve and what Stage it is in. The Curve is my own brain child and I compare that to Wycoff method. Taking all of these into account You have several different approaches to confirming direction and intent of the institutional buyers and where Retail resides during this move.
If you would like to have more information or videos on Any of the ways I chart pls comment below. Like, follow, Subscribe...share.
Thank you,
iCantw84it
06.07.2021
T AT&T I wasn't interested in...until it did this!I made a key code of the price action then found an exact match to this move in the past.... one that matched at lease 95% or better. That way if the move is that close to the same shape we have now it must mean the sentiment of the market was the same at that time. Therefore, the outcome should be the same coming out of the move. I then used PTP which is Past Trend Prediction by tracing the trend it made after this move in the past and projecting it forward on to the current move.
Then I took the same move on the Daily which is a different Time frame then the first..and found the same move with out a key and traced its path and projected it forward as well.
Sometimes I use about 5 other Price Action tricks I have have developed over the last 10 months or chart out the Curve and what Stage it is in. The Curve is my own brain child and I compare that to Wycoff method. Taking all of these into account You have several different approaches to confirming direction and intent of the institutional buyers and where Retail resides during this move.
If you would like to have more information or videos on Any of the ways I chart pls comment below. Like, follow, Subscribe...share.
Thank you,
iCantw84it
06.07.2021
AT&T Fibonacci Extension analysisDetailed analysis on when to buy AT&T. The stop loss has been placed by analyzing the ATR, with a multiplier of 2 times. Also according to the previous trends in resistance/ support. You should also sell/ exit the stock at around $31.50 as this is the 0.618 on the Fibonacci Extension and guarantees a safe and profitable profit margin. Please let me know if this works for you guys, OR if you have any suggestions for me. Thanks!
AT&T - Standing on the 5th Wave! 🌊-Being a defense stock, AT&T is especially safe for today's market as the volatility and tech's slumped movement continues.
-We keep a bullish buy on T stock!
huge insider buys in T with trading planCEO John Stankey and CFO Pascal Desroches bought into AT&T with their new focus on 5G only in hopes of being valued more like a CHTR or TMUS. The insider buys totaled 4.5 million dollars between the two.
CHTR and TMUS have far outperformed T, and pretty much every other stock for that matter over the past year. With the dividend being cut and the massive burden of trying to be a second-tier player in the streaming space, which has been getting more and more crowded and difficult to operate in, should allow them to hyper focus on the growth areas of their business.
This is a huge vote of confidence; granted they were buying into weakness, they still are putting their money where their mouths are and are dead-set on wiping the dust off this old dividend play stock which was more like a bond/fixed income than anything else.
*Personal trading plan* Buy stock and long naked calls expiring October 15th at the $30 strike price to give it plenty of time to come to fruition and begin trading closer to its new peers.
AT&T May 27 Analysis, IS IT A BUY???Detailed report on where to place stop loss and take the profit using the Fibonacci extension tool. Also, the stop loss is calculated use the ATR method at a (2x) multiplier rate.
AT&T is with no doubt a buyAT&T restructured itself to be more a telecomunication company, but was punished by the investors (probably without any good reason).
AT&T is a buy which a change to come back to the latest highs and the down risk shouldn't be that large...
AT&T DAY TRADEI will be placing this trade in 23 minutes if the green candle stays, ill keep you guys updated
$T DownIf they do cut their dividend and lose the dividend aristocrat status this stock is going lower especially after Warner goes to $DISCA. This stock is loved by divi investors and funds that like long term divi payers. After the triple bottom around ~$18 on the long term trend it could go back up because of $ASTS and global cell service. We will see this could be the next dinosaur that trades in the $20 -$40 range for the next 20+ years or lower if they keep making bad deals to try and grow the company.
I have no position in $T or $DISCA and am long $ASTS
T - Looks like Slow Bleed back down to $31ish Soon Cutting dividend yield, bad merger. All around selling gonna happen IMO.
(Opinion Only)
T
T sell signalsF+S Stoch in overbought territory. MACD overbought without cross-over. No MA cross in MACD but past patterns have shown F+S Stoch as good readings. Bearish candle increasing probability for short position.
AT&T Finally moving. Money being shuffled out of sectors and into others and we are finding AT&T moving a bit.
This had been boring to watch constantly sideways.
I am in the options market, with a call of 35$ with an expire in 2022.
Looking at a move above 33 and we could look really pretty.
Anticipated price movement Scenario 1. break through resistance and push higher.
Scenario 2. fail to break through resistance
