At&T a truer symmetrical triangle seen in this 1WEEK chartingAt&T a truer symmetrical triangle seen 1WEEK charting ----- as it touches on moe points.... so you can see it a bit more clear... iT gets confirmed on the 1 hour charting when seen.
4T trade ideas
AT&T -- symmetrical triangle? BIG PICTURE bullish trend.AT&T -- SHOWING BIG PICTURE over 6 months view --- symmetrical triangle? bullish trend. It is getting recent BUY ratings and signals.. we shall see if it crosses above. the line eventually with solid VOLUME. on my watch now-- with some buy in. IMO.
AT&T Looking like a positive chart with potential▲ (4.06% Upside) ----- AT&T Looking like a positive chart with potential - With a BIT more gain to it....Based on 20 analysts offering 12 month price targets for AT&T in the last 3 months. The average price target is $40.47 with a high forecast of $47.00
Melt-up @ workIn this market At&t is a golden goose with a healthy dividend and they're on the forefront of large-scale implementation of 5G. Although headwinds are strong (debt/ etc) , the bull market we're in and the future growth potential outweight the negatives at this point in time, especially since it still has a sane P/E. Go long, Q2 price target $42 + dividend along the way
Sell at 2nd support, if that is lost expect a rapid descent
Commentary, opinions, thoughts welcome
Some Articles:
www.cnet.com
www.fool.com
www.barrons.com
oppisite take on earnings -
AT&T Vulnerable: Debt & Cash Flow LeaksT is highly leveraged on debt after acquisitions. There has been an expressed effort to pay down this debt and improve the debt to earnings ratio, but there is still a lot there. This makes T vulnerable to economic factors turning against them. Interest rate hikes would hurt them a lot (These seem unlikely), and a drop in the economy troubling earnings can sting them hard.
Alongside it's debt pile, T has various cash flow obligations. Paying a high dividend seeps money out of the company and upgrades to take advantage of 5G technology will be expensive. It's a delicate balancing act. Walking of a tightrope, and this will not stand up too well if it starts to get windy in the markets.
From a technical viewpoint, T is already weak and has been in a range for a while. This looks more like it has been a consolidation pattern than the start of a recover. Another leg breaking the low seems more probable than it continuing much higher than the established range. If this breakout happens, we should watch for a butterfly pattern to give signs to take profit and consider long positions.
Swing Trade : Sell T 38.30. Stop Loss 44. Target 10.
If this move starts to happen, I will post additional short term trades to follow the momentum through days/weeks
AT&T CFO signals reiterates strong guidanceAs AT&T's stock dips on the ex-dividend date today, traders may want to take advantage of the buying opportunity. Communications services are likely to be a solid sector this year with the 5g revolution coming, and comments by AT&T's CFO indicate that the company has strong execution right now.
The CFO reiterated the company's EPS guidance of 3.60-3.70, above the Street view of 3.58. He also said that AT&T is buying back more shares than expected, and that it also has exceeded its target for cost-cutting this year.
AT&T is a great stock for both growth and income, with a P/E of about 11 and a dividend yield above 5%.
How to trade in range/consolidation periodA lot of people asked me what to do in the case when the price is stuck in consolidation.
You can use Fibonacci retracement and create a range (0, 0.25, 0.5, 0.75, 1) and put it from swing low up to swing high. By that, you will create key points where the price will react on during consolidation time.
You can use it on all Timeframes and it does not matter if it is Monthly, Weekly, Daily or minute chart.
As you can see here, price very nicely reacts to each of our levels which we have set up once the range has been established. Also, when the price is stuck in consolidation range you do not want to trade it. Avoid it. You will make many mistakes, rather you should focus on a clear bullish/bearish trend.
LONG $T$T still looking to get in.
$39.63 is the next gap up for 2020 so at support now. Will be entering tommorow or next week .
Atnt- T - Long - bullish trend in MAs looking +10% safe in 2020Looking at the 20, 50 and 200 moving day crosses and relations back to 2009 seem to indicate T will test the recent 52-week highs break through and consolidate before boosting up on 5g cycle follow-through. T is trending to be a $50 dollar stock by the end of 2022
Watch for the cross of Moving averages in the weeks to come to confirm a long trade or even a multi-year investment (5% div)
I am long T
AT&T Symmetrical triangleAT&T has formed a symmetrical triangle, which will lead to a bullish breakout. The prior uptrend can be observed as being very bullish, which led to the peak at (1) and bearish reversal at (7) . Have also included a symmetrical triangle diagram for anyone interested in learning chart patterns.
$T Thursday trade setup in AT&TEntry level $38.83 = Target price $39.64
P/E ratio 17.32
Yield 5.7%
AT&T, Inc. is a holding company, which engages in the provision of telecommunications media and technology service. It operates through the following four segments: Communications, Warner Media, Latin America and Xandar. The Communications segment provides services to businesses and consumers located in the U.S., or in U.S. territories, and businesses globally. The Warner Media segment develops, produces and distributes feature films, television, gaming and other content over various physical and digital formats. The Latin America segment provides entertainment and wireless services outside of the U.S. The Xandar segment provides advertising services. The company was founded in 1983 and is headquartered in Dallas, TX.
AT&T rising wedgeAT&T's valuation looks pretty good today, with a 57/100 valuation score from S&P Global Intelligence. Dividend yield currently stands at 5.5%, making this a solid stock for recession protection and a steady cash return. Analyst summary score is 8.9/10, and options activity is bullish. AT&T is in the middle of a rising wedge; buy here or pick up any dip to the bottom of the wedge. There's a fair amount of volume support below the current price, with particularly strong support around $38 per share.
x26. AT&TBeta-R:Journal. Risk Management: Compound .Level : PA . Time: Short-term - Intermediate . This is just my view follow if it aligns with yours. Ideas are not repeated rather updated.Worry about risk only.
T Round UpT has closed over its 50 day moving average on increasing volume. The 9,20 and 50 day moving averages are all converging underneath the price action as support for a round up towards resistance at the $39.75 level, for a 4.5% move. The price has rebased around support levels over the past several days and is showing bullish candlesticks to retest resistance.
$T its long opportinity but entry should be between 34-35 After recent drop all indicators made corrections also candlesticks pattern showing possible bounce from current levels at 37.37 but it tested broken trend on Friday then drop back prior closing .. looking to channel bottom between 34-35 then it will be perfect LONG opportunity targeting 40s on long term or at least targeting 37s again which around 10% from entry . Note:also its risky to short it from current levels as i said most of indicators are oversold. so best ideas with it is to wait for price drop then get in .. or can get put options with stop limits at 38 but it will be risky
Another one that wants us to joinLooks like another one for the morning watch list....a little volume and in I go; wish me luck :)
A long-term investment are my asset hold forever! Div growth! I believe in American Telephone And Telegraph that will bring our shares and dividend growth after 2022! I keep buying shares until I reach a total of 5,882 shares.
about.att.com
This stock has dividends every 3 months. AT&T offers to pay $0.51 per a share.
