AT&T @ SupportLike the Hammer/pinbar here. Long with a fairly tight stop, so position size can be fairly large if so desired. Also clipping a 5% dividend in the meantime. NYSE:T
T trade ideas
$37.411 magic price.ATT is below deal threshold. Time Warner shareholders will receive $107.50 per share under the terms of the merger, comprised of $53.75 per share in cash and $53.75 per share in AT&T stock. The stock portion will be subject to a collar such that Time Warner shareholders will receive 1.437 AT&T shares if AT&T’s average stock price is below $37.411 at closing and 1.3 AT&T shares if AT&T’s average stock price is above $41.349 at closing.
AT&T Acquisition Of Time Warner Later 2017In the world of media, bigger remains better.
So in the wake of Comcast’s $30 billion takeover of NBCUniversal and Verizon Communications’ serial acquisitions of the Huffington Post and Yahoo, AT&T has bought one of the remaining crown jewels of the entertainment industry.
The telecommunications giant agreed on Saturday to buy Time Warner, the home of HBO and CNN, for about $85.4 billion, creating a new colossus capable of both producing content and distributing it to millions with wireless phones, broadband subscriptions and satellite TV connections.
*On schedule to happen later this year. Nice buying opportunity at $36.00 with this stock, which should happen before next earning report later July. When you look left that area is a major support area too.
T is showing clear continuation and very high probability targetVery nice "b" shape in the volume profile of the current decline. Acceptance at lower prices = continuation.
If initiative move has already begun, a symmetry move is perfectly lined up with previous VERY high volume VPOC at 34.64.
So Short from a break down off the lower edge of Value into 34.64 with a stop behind the current VPOC.
Short bet is that initiative move has begun and should not look back at all, or if it does, the VPOC fair price should reject the price advertisement lower.
And then Long form 34.64 with volume node structure stop betting on non-acceptance into the next small high vol node.
Long bet is that fair price pension funds come back in and push things higher.
No real tight place to put a stop except way behind VA Low, but I don't want to see acceptance of price back into the major value area like that.
I'll bet from the VPOC at 34.64, but if I understand AMT correctly, either T finds buyers there, or it doesn't. Acceptance back into previous value is no good, and actually indicates even lower prices, perhaps into the 20's.
So just a small minus development to reject prices on the stop and that's it. I do NOT want to see any acceptance.
AT&T - possible long candidate on the weekly timeframewith a little bit of momentumstrength AT&T is in my view ab buy-candidate @42,70, initial stop at 40,80 an second target @46,50. Trailing beginns @44,56
Sprint reaching for straws -- continuing the downtrend I don't see the lure of free packages to users helping increase their bottom line. The only thing holding this together is the dividend payment which they can no longer afford (7.12 Debt to FCF at the time of this chart - fundamentals in general are not good) I expect a continuing downtrend with the looming market correction. Note the IVR is still high leaving lots of room to continue to drop
Telecoms long term looking bullish. T is looking better.
Both telecoms moved to cloud hosting business.
Next year will be interesting.. taking a cloud market bite with AMZN, GOOGL, MSFT, ORCL
A good chance for AT&T long-term establisherIt seems that annual dividends of AT&T reaches 5% and it is a good buying point for it as well as potential revenue from its promising price.
AT&T (T) - dividend champion with 5,1% dividend payoutHere is another dividend champion with a payout of 5,1% per share.
Fair value: 43$ currently trading at 38$
Rating BBB+, 47% long term debt, yearly dividend increase of 4%
AT&T (T) is targeting 41AT&T NYSE:T is near a support, if the movement continues inside the triangle, then it is expected to target 41.
T - POTENTIAL BOTTOM08.05.17
Signal of a potential bottom from my dBFIr on DAILY chart
Awaiting confirmation
AT&T revenues dip as wireless equipment sales slideAT&T (T -0.2%) is up 1.2% now in choppy early postmarket action after reporting Q1 earnings that met profit expectations but recorded a billion-dollar miss on revenues.
Consolidated revenues slipped 2.8% on "record-low equipment sales" in wireless. EPS fell on a headline basis, but adjusted EPS grew to $0.74 (in line) from a year-ago $0.72.
Cash from operations was $9.2B; free cash flow came to $3.2B.
Revenues by segment: Business Solutions, $16.85B (down 4.3%); Entertainment Group, $12.6B (down 0.3%); Consumer Mobility, $7.74B (down 7.1%); International, $1.9B (up 15.7%).
It added 2.7M net wireless customers: 2.1M in the U.S. and 633,000 in Mexico. Postpaid phone churn hit a best ever 0.9% in the U.S., while overall wireless postpaid churn was 1.12% including tablet churn.
AT&T Still FallingOn April 13, 2017, AT&T ( NYSE:T ) crossed below its 150 day moving average (DMA). Historically this has occurred 223 times and the stock does not always drop. It has a median loss of 3.679% and a maximum loss of 21.351% over the next 20 trading days.
When we take a look at other technical indicators, the relative strength index (RSI) is at 32.0245. RSI tends to determine trends, overbought and oversold levels as well as likelihood of price swings. I personally use anything above 75 as overbought and anything under 25 as oversold. The current reading declares the stock is trending down and could enter oversold territory soon.
The true strength index (TSI) is currently -12.2241. The TSI determines overbought/oversold levels and/or current trend. I solely use this as an indicator of trend as overbought and oversold levels vary. The TSI is double smoothed in its calculation and is a great indicator of upward and downward movement. The current reading declares the stock is moving down.
The positive vortex indicator (VI) is at 0.8389 while the negative is at 1.1199. When the positive level is higher than 1 and higher than the negative indicator, the overall price action is moving upward. When the negative level is higher than 1 and higher than the positive indicator, the overall price action is moving downward. The current reading declares the stock has been moving down, but the pace is slowing. Also the positive indicator is beginning to rise meaning price action could slow in the short-term leaving the door open for a price change in either direction.
The stochastic oscillator K value is 14.0197 and D value is 11.0155. This is a cyclical oscillator that is highly accurate and can be used to identify overbought/oversold levels as well as pending reversals and short-term activity. I personally use anything above 80 as overbought and below 20 as oversold. When the K value is higher than the D value, the price action is trending up. When the D value is higher that the K value the price action is trending down. The current reading declares the stock is in oversold territory, but it has been flirting around this point since the end of March.
Considering the moving average crossover, RSI, TSI, VI and stochastic levels, the overall direction appears to continue heading down. Based on historical movement compared to current levels and the current position, the stock could drop another 2% over the next 20 trading days. AT&T has crossed the 150 DMA in three of the last four sessions. The most recent similar flirtations with the 150 DMA have occurred in October 2014, November 2014, February 2015, August 2015, January 2016, and September 2016. The losses were 4.776%, 8.083%, 5.684%, 8.101%1.328%, and 4.355% respectively. This drop could ultimately result in a loss of nearly 4% to the bottom of the macro trend line (thick yellow line) 38.50-38.75 range, but the conservative play is around 39.40.
