TD trade ideas
T - Healthy ConsolidationIdentified levels for T and found that there is some healthy consolidation at current levels. As of 2/15 we are consolidating on a support at 38.12 and have support from a trend line build from the start of the move up. I took the previous trend and figured it into the current trend to create a wedge that could be a good guide to price action going forward. Will review later and see how this worked out. Depending on market performance, anticipating potential move to 39.66 area at end of February.
White = Monthly Levels
Purple = Weekly Levels
Red = Daily Levels
AT&T LONGOne Of The Few Good Long-Term Investments Today
In an overvalued market, the investments which can be considered "relatively safe," with a good yield and with a conservative upside, are few and far between.
This makes investing "correctly" even more important, and to not buy companies at a valuation which includes a potential negative long-term CAGR.
AT&T, while not as appealing during its crash valuation, is still one of the better long-term potential investments out there.
Despite coming in soft in certain aspects, AT&T, nonetheless, manages to check all of 2019 goals, and go into 2020-2022 with a strong FCF and well-covered dividend at historical undervaluation with significant potential upside. This makes the company a "Buy."
T-Mobile and Sprint mergerIt is finally happening: T-Mobile nears Sprint takeover. As a result, german telecoms provider´s debt decreases. Wer are talking about $26,5 billion purchase of Sprint, of course, only if T-Mobile achieves to win court´s Nod for the takeover. According to the latest rumors things are going smoothly.
The combined company will operate under the T/Mobile name, and will have a regular monthly subscriber base of about 80 million, thus entering the upper league as AT^T Inc (75 million) and Verizon (114 million).
In case we finally see the merger, T/mobile will jave more spectrum than any other carrier. It refers to the frequencies through which wireless signals are transmitted. In other words, it will give the company an additional advantage over its competitors.
Good luckTrading is not about being right or wrong. Trading is not being in the market all the time. But it is a response center where you check your analysis. Do you want a infinite cost to check if your analysis is wrong? Then don't use a stoploss. Do you want an infinite return which could possibly turn into a loss due a long period? Or do you want a set goal which is hit?
Trading is not only analysis but also your mental state. Mental control or mental analysis is what makes you a winner.
AT&T -reached low of the triangle - should bounce possibly soon!AT&T -- reached the low...of the triangle...poised and should rise, (unless it breaks below it of course. then all bets off ..... lol) ----- and will first need to be dependant on favourable NEWs in the next couple of days regarding its QUARTER RESULTS...and earnings report (its due in 2 days).
Stay tuned...
Disclaimer:
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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.
