T trade ideas
Long Term Hold - Great Entry in the low $30s and belowVolume spiked in the past year while it is trading in an ascending triangle.
T has great dividend yield along with 5G as the catalyst for growth.
$T It's just a little depressing at AT&T. There is not a great deal to rejoice at AT&T presently, cord cutting and in particular the over payment for Warner Media is dark cloud hanging with no silver lining. Last weeks earnings was no confidence booster either nor the public performance of the CEO whom can often be portrayed as lacking enthusiasm and optimism. The stock price is stuck in a downward channel and we can't see this coming to a end soon. The only positive is the adoption of 5G which could be real stimulus to the company but that is just in the fledgling stages.
T Breakout ScenarioBrowsing the financial new sections, one company name keeps standing out to me. AT&T.
I have taken note of a few key factors. First, their acquisition of Time Warner caught my eye. Second, they have a modest P/E of 11.46x, and a current EPS of 2.771. Aside from the ratios, the company generates strong operating margins and huge free cash flows.
The price has been oscillating in the $30 range of late, moving mostly sideways. I believe that T is breaking out of the recent trend on strong volume, as modeled with a linear regression. I believe the stock could break the .786 mark and move to the fib level 1 very soon.
Something to possibly keep an eye on.
Pin candle on neckline supportThis is the retest I was waiting for: a few days ago I posted an idea on #T highlighting a broken head and shoulders pattern. Today's candle loos like the perfect retest of the old resistance as new support.
Today's pin candle shows buyers' pressure around $31.50 and this seems a perfect area to go long; as always, evaluate this trade based on your risk aversion and money management.
T did something exciting!So last night I said that AT&T was going to rally to 32.45. It was looking good with gains and natural consolidation, but it looks like it wigged out finally. it got near the 32.45 marker and then dropped to open at 31.78. We are inside my pitchfork again (unfortunately), but with the patterns we've been seeing we will most likely see a bounce back up sooner or later around 31.35. If this is correct, AT&T will most likely reach 32.45 within the month.
More to come later.
AT&T possible rally to 32.45 - 32-50AT&T is looking solid for a rally within 6:30 - 9:15 AM (PST) tomorrow. Showing signs of major bull signals so watch for 32.45 to become a solid support after the rally.
T Trend violatingWrite sometning about your psyhology thinking before trade? Ok nice after beeing into forest
Describe the trade. What you see? there is a dowturn trend from january and I will try to catch one leg.
What have I done well for this trade? Exelent enter point according to down trend
What can I take away to help with later trades? That you should sell after the trend is violated. move your stop to the level of trend line.
AT&T #TLooking to get in at newly formed weekly demand zones , nested in 3 Month and 1 Month demand zones
AT&T has broken the 32.00 ResistanceAT&T (T) has finally broken the 32.00 resistance as I predicted. It has now closed around 32.06 at April 4, 16:00. This means that the horizontal resistance that was 32.00 is now becoming a support.
More to come later.
AT&T Looking good for bullsBlue: Horizontal Resistance
Light Blue: Trend Line Resistance
Yellow: Support(s)
From my analysis of "T", I have found that it will be good for a long strategy. If at April Nineteenth It breaks the resistance and/or support and goes either way, It will hit either my first support (in purple). From my analysis on a grander scale, (3M, 6M), it most likely will not break that support. In regards to breaking the resistance (in orange), that is more likely. From todays performance alone (almost reaching the 32.00 resistance by one cent), it will break that resistance (in orange) in around the one o'clock to five o'clock mark.
Thanks for reading. I am a beginner and don't even know if this anything near correct. Feedback welcome!
White circles are markings for other timeframes.
image]https://www.tradingview.com/x/hIZoH0qG/
Had and Shoulders pattern broken on #T #AT&T #stockToday's big green candle clearly marks the break of the Head and Shoulders' pattern neckline at the $31.50 mark.
Factors confluence also calls for EMA200 break at the same level (not shown in this chart). Target from here on is $36.
Complex Inverse Head & Shoulders on AT&T. Could look to rally.AT&T (T) is testing the neckline of this complex inverse h&s pattern, which also coincides with the 200 day moving average. If the price can break up from here, we could see T rally to $34-36.10. Personally, I want to see a break-out and retest of the neckline and 200 day moving average as new support (confirming that old resistance did in fact became new support) to give us better confirmation that this stock wants to move higher.
Moving average guide (All daily for this post):
50 day moving average in Green.
100 day moving average in Yellow.
200 day moving average in Red.
Entry: Along the neckline and 200 day moving average around $31.15-$31.30 IF it breaks out (as mentioned, I want to see these levels broken and held as new support for a bit before entering.)
Target 1: $34.30 (Prior resistance zone.)
Target 2: $36.10 (Prior consolidation zone and the estimated measured move of the complex inverse h&s break-out.)
SL: $30.10 (below the 50 and 100 day moving averages.)
-This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
Ascending Triangle with 6% upside and 6.5% yield as bonus$T is a great 5G and streaming content buy under $32 with an ascending triangle reaching near breakout. A near-term 6% upside to first resistance at $36 and a 6.5% dividend yield as a bonus makes this a great play.
T Ascending triangle patternLook for AT&T to breakout of the ascending triangle as sellers are being pushed out. You have a 6.62% dividend yield as a safety net.
Looking for entry into AT&TWaiting for trend line breach for long position. Or bounce off lower support. Does 6% dividend provide a margin for error?
$TConsolidating above Meso support, not many wicks below it, wait for close above 30 ish level before adding longs. wait for break and retest of meso support before shorting.
