SOBA trade ideas
30% pullback looking likelyWe seem to be breaking out of a bearflag here target at 21 dollars near the bottom of the trading range.
AT&T price corridor collided with 100 SMA, rejected + bounce offHello Traders!
The 100 SMA has historically been a reliable support/resistance for the price of AT&T and if it hasn't already happened, it certainly looks like it will be rejected by it and bounce back down again. The MACD looks rather undecided but has just crossed under the 9 EMA. The RSI is relatively centered and far away from oversold. The sell signal is the price leaving its short-term corridor and with the 100 SMA rejecting the price once again, we can expect enough bearish momentum to build up for the price to fall to the 27.89 resistance. Whether the bearish momentum will be enough to break through this resistance and reach the second goal at 26.70 is too early to tell now.
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Please, maintain proper position sizing and risk management!
Great companyPossible breakout
not enough buyers to push to top of channel recently
rejected 9ema
broke 20sma
looking to get in at 28-28.5 range for long set up
AT&T is perhaps one of very few smart medium term buysShow Me the Money! 24 July, 2020, by Vladimir Rojankovski, Senior Analyst, Grand Capital
AT&T (T) beat estimates by 4 cents a share, with quarterly earnings of 83 cents per share. Revenue was in line with forecasts. The company said the COVID-19 pandemic impacted results across all its businesses. Thus, WarnerMedia revenue fell 23% to $6.8 billion as the pandemic shut down film production and movie theaters. Group revenue was down 9% YoY to $41 billion, roughly in line with the $41.1 billion consensus. In contrast, AT&T’s HBO Max boasted by around 36 million active customers (including legacy HBO subscribers), picking up 3 million in the quarter. Cash from operations was $12.1 billion with free cash flow of healthy $7.6 billion. Total dividend payout ratio remains slightly below 50%.
Nevertheless, we must not forget about this telecom’s two extremely important properties: number one, it is the value high dividend stocks. And number two, it is classic defensive countercyclical stock. Given increasing odds of exacerbating recession and noting almost ridiculously cheap valuations at P/E of less than 15, dividend yield of 7% and price-to-cash-flow of just 8 (yes, this is a single-digit number, eight), at the current price level AT&T is perhaps one of very few smart medium term buys.
Symmetrical triangle formed NYSE:T
Looking for a breakdown <30.00 or breakout >31.00 in coming weeks. I would base a prediction off of their financials which I see as showing positive potential.
AT&T entry below 30Earnings coming up on the 23rd of July.
Good long term buying opportunity with a solid yield.
40% market share.
Would wait till earnings as this stock has historically been volatile during earnings season( mostly to the downside which provided a good buying opportunity)
Level exhaustion at the $30 monthly level.
Untested daily level at $33.33
Descending wedge
AT&T has very strong price momentumShow Me the Money! 17 July, 2020, by Vladimir Rojankovski, Chief Analyst, Grand Capital
If not big tech, then what? One of the most valued characteristics of AT&T stock is stable dividends backed by consistent cash generation, while the company is heavily involved in growth areas like 5G network and content creation.
AT&T is the second-largest U.S. wireless carrier with its 40% contribution to the company's overall revenue. The company's increasingly proactive approach to the trendy content development was backed by the July 1 appointment of previous Warner Media head John Stankey as new CEO. Investors should be particularly interested in the success of HBO Max and the firm's Connected Devices business.
Apparently, we don’t want to miss this stock’s earnings date of July 23rd. Technically, it has very strong price momentum trying to pierce its two-month long resistance level of $30.60, and it will.
AT&T SELLthe long-term outlook is down.
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Analysis of AT&T buy @30Hi everybody
Here my analysis of AT&T at the Moment.
Following the pattern it should reach 35 by early August and I think the longterm trend could go up to 36 which is a hystorical resistance from before COVID19.
What do you think, would love your Input as it is only the second publication of mine.
Thank you
T observationsVolume and RSI don't look too hot.
Forming a triangle but considering the dividend is out of the way and their normal trend of missing estimates. Per Seeking Alpha, they missed 7/10 of the last estimates and considering the number of their businesses that are halted entirely, i.e. movie studio - I expect them to make this the 8th missed estimate in the last 10. Sending the stock further down.
Critical price points highlighted for the up and down side. If it crosses below the yellow lines, I expect it to visit at least one of the red ones.
Market Cycles - Waves and return to the mean - Part 2 AT&THere is the culmination of my last 4 months of technical analysis of the stock market. I looked at important growth stocks of the past and where they are today. From that analysis, I applied the lessons learned to todays market.
1) Growth stocks break out of the mean channel of wave 1 to finish wave 3 and 5. Average stocks stay in the mean channel.
2) The following correction will take them back to the project mean of wave 1, maybe even below. The more they break above the mean the more they drop during the correction.
3) Head and Shoulders pattern usually describes motive waves 4-5 and the following corrective ABC wave.
After a major correction several things can be learned
1) Some companies never really recover, assume they just had high prices because every company did (thing tech bubble)
2) Some companies recover but never become growth stocks again and grow but stay along a mean growth
3) Some companies are able to reinvent themselves and become growth stocks again (MICROSOFT)
I can't say I did everything correctly. I took my best shot at it and at the minimum gives a solid idea what could be to come for stocks in 2020 and beyond.
I broke this down in several idea posts.
Market Cycles - Waves and return to the mean - Part 1 GE
Market Cycles - Waves and return to the mean - Part 2 AT&T
Market Cycles - Waves and return to the mean - Part 3 IBM
Market Cycles - Waves and return to the mean - Part 4 MICROSOFT
Market Cycles - Waves and return to the mean - Part 5 GOOGLE
Market Cycles - Waves and return to the mean - Part 6 AMAZON
Market Cycles - Waves and return to the mean - Part 7 S&P 500
Market Cycles - Waves and return to the mean - Part 8 NASDAQ
Hope this helps and good luck.
Price above trendlinePrice above trendline and rejecting MA 50. final impulse wave (5)
Good to go long at market with an initial target at 31.50 (current MA 100); a close above this level will open a window to 138.2 fib extension and close to MA 200 , currently at 34.9.
