$T with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for NYSE:T after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
TCL trade ideas
AT&T - Long active !!Hello traders!
‼️ This is my perspective on AT&T.
Technical analysis: Here we are in a bullish market structure from daily timeframe perspective, so I look for a long. I expect bullish price action after price took liquidity below equal lows and then broke LZ.
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AT&T’s $7.6B DirecTV Stake Sale: What Next?AT&T (NYSE: NYSE:T ) recently announced a monumental deal, selling its remaining 70% stake in satellite TV provider DirecTV to private equity firm TPG for $7.6 billion. This move marks a decisive step for AT&T (NYSE: NYSE:T ), allowing the telecom giant to refocus its efforts on its core operations in wireless and fiber connectivity while continuing to stabilize and strengthen its balance sheet.
Background and Financial Context
AT&T’s acquisition of DirecTV in 2015 for $49 billion was met with high hopes but ultimately faced challenges as the television market shifted toward streaming services. Since then, DirecTV has seen a steady decline in distributions, with payments dropping from $2.65 billion in 2022 to $2.04 billion in 2023.
In 2021, AT&T (NYSE: NYSE:T ) formed a joint venture with TPG, selling a 30% stake in DirecTV for $1.8 billion in cash. Under this agreement, AT&T agreed not to sell its remaining stake for three years. With that period expiring in July 2024, the telecom company is now selling its entire 70% interest in DirecTV to TPG in a deal that is expected to close by the second half of 2025.
This sale comes at a time when AT&T is seeking to consolidate its focus on wireless and fiber networks, areas where the company sees the most growth potential. The deal is also aimed at reducing debt and improving AT&T’s financial stability, which has been a key concern among investors. AT&T will receive an initial payment of $2 billion in 2025, with additional payments through 2029.
Fundamental Outlook: Refocusing for Growth
With the divestiture of DirecTV, AT&T (NYSE: NYSE:T ) is sharpening its focus on its 5G wireless and fiber connectivity businesses, which are expected to be the primary growth drivers in the years ahead. The sale also aligns with AT&T’s long-term strategy to simplify its business model and allocate resources to higher-margin operations.
Despite the challenges in its satellite TV division, AT&T remains one of the largest telecom players in the U.S., boasting significant market share in both 5G and fiber. By freeing up capital and reducing operational distractions, the company can better invest in next-gen technologies like 5G and fiber-to-the-home, both crucial to AT&T’s future competitiveness.
The company's balance sheet will benefit from the additional $7.6 billion in cash inflows, allowing AT&T to deleverage and improve its financial health. AT&T’s management has signaled confidence in maintaining financial discipline while seeking new growth opportunities in the rapidly evolving telecommunications landscape.
Technical Outlook: What the Charts Say
On the technical side, (NYSE: NYSE:T ) stock has shown resilience, currently trading at a bullish RSI of 66.82, indicating that it is not overbought or oversold. This positioning presents a healthy technical outlook, suggesting the stock has room for further upward movement. The stock is trading above its key 50, 100, and 200-day moving averages, further supporting a bullish sentiment.
While the recent news provided a slight boost to the stock, with shares marginally up by 0.11% in premarket trading, caution is still warranted. The RSI hovering around 66 points to a potentially bullish scenario, but investors should remain mindful that any negative macroeconomic developments could exert pressure on the stock price. However, the positive momentum could see (NYSE: NYSE:T ) reaching its resistance point around $24 if broader market conditions remain favorable.
AT&T stock (NYSE: NYSE:T ) saw a slight dip of 0.11% in aftermarket trading, suggesting that the market is still digesting the impact of the DirecTV stake sale. If the stock manages to hold above its 50-day moving average in the coming sessions, a breakout toward the resistance level could solidify the bullish trend.
Conclusion:
AT&T’s decision to sell its stake in DirecTV is a pivotal move, one that repositions the company to focus on its strengths in 5G and fiber connectivity. While DirecTV was a significant part of AT&T’s portfolio for nearly a decade, the satellite TV business no longer aligns with the company’s growth trajectory.
AT&T (NYSE: NYSE:T ) stock is in a promising position, with positive momentum supported by solid moving averages and a healthy RSI. However, investors should remain cautious and watch for any potential pullbacks, particularly as the stock approaches its resistance point.
Fundamentally, the sale allows AT&T to simplify its business, improve its balance sheet, and double down on its most profitable segments. As the telecom landscape continues to evolve, this strategic shift could help AT&T (NYSE: NYSE:T ) capture more of the market in a fast-growing 5G environment, making it an interesting play for both long-term investors and those looking for near-term opportunities.
T, NO doubt about it.. UPSIDE on queue. prepare!T daily data is conveying massive massive volume. Last trading day volume is above the usual.
Net buy positions have increased +40% from its average numbers -- an indication of a incoming price shift (upside).
The stock is currently sitting below 78.6 FIB LEVEL, a strong major order block support where buyers converge.
This is a discount area. Best spot to seed at this range.
Spotted at 15.0
TAYOR
Safeguard capital always.
AT&T Growth for FutureBased on my simple analysis, I think would rise to previous high which is higher from current price and i don't think AT&T is something that investor should ignore. With a good financial report and business growth going nowadays.
I expected that this stock should at least touch $24 to $26
ATT PredictionPossible ALT BAT. This is highly predicted and possibly wrong but posting to see how it plays out versus my initial thesis.
AB Point around .5 Fib Potential C point fulfilled around 114 fib and fills a gap.
I don't believe in coincidences
AT&T strong bullish expectations here
AT&T zone breaked, in last periods bearish market, now what we can expect is change in this market,- strong indications for bullish continuation.
TP1: 25
TP2: 28
$T cheapest good R:R earnings play2024-07-23 at 3DTE
NYSE:T Jul 26th 16/17 Put Ratio Spread
Options Overlay indicator and Options Screener in action.
Tomorrow before open : Earnings
Max loss: $2.5
Max profit: $97
Bp.req: $200
Bearish micro, bullish macro.
I expect that even in the event of a possible fall, the 4/8 will hold the price.
If it doesn't, then the upward macro trend.
So I went for a pretty safe-looking trade, with the green rage showing the range of returns, so I will sleep well :)
PUTS = CALLS equally priced for 3DTE.
AT&T - Increased Probability of Appreciation
AT&T is supported by FiboClouds for appreciation within the H4, H6, and Daily timeframes, sufficient to reach the first target and attempt the others, provided that the stop loss is properly repositioned at the time of the first partial realization.
If this projection is confirmed and a partial realization occurs at the first target, the stop loss should be moved from its initial position to the same line where the position was entered.
This way, the journey towards the final target will proceed with reduced risk of losses and the preservation of the partial gains achieved so far.
Follow us to receive notifications of new trades, as well as frequent updates on ongoing trades.
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AT&T Breaks Out: Poised for Further GainsAT&T stock has surged above its ascending trendline, signaling strong buying interest and robust trading volume. This bullish momentum indicates the stock could approach the next significant resistance level. Investors and traders currently holding positions might expect continued upward movement as the market responds positively to this breakout.
NEW LONG TERM FORECAST FOR TWhen analyzing the chart, we have a clear weekly low on the RSI in July of 2023 that corresponds with the low on the chart, telling us that a new structure is likely in play. The RSI makes consistent new weekly highs up to January of 2024. Telling us that something on a lower degree has ended, which we determined to be wave one of a larger structure to the upside. This currently puts the count in wave 1 of 3. While wave 1 of 3 could extend higher, the 61.8% extension is a good target for a standard pinball count that would ultimately target the 200% extension at 25.40 on a higher degree. This makes T a excellent long term growth target for dividend investors, as it’s dividend is currently lucrative. The lower share price, stability, and low volatility, also make it a prime target for easy covered calls.
AT&T Has Been Fighting HigherAT&T has been fighting higher, and some traders may see an opportunity in the latest pullback.
The first pattern on today’s chart is the falling trendline along the highs of February and April. T broke above it in late May and proceeded to hit a new 52-week high early this month. Notice how prices have retreated and now seem to be stabilizing at the trend line.
Second is the May 20 close of $17.52. The telecom stock probed below that point Thursday, Friday and Monday, but each time closed above it.
Both of those points may suggest that old resistance has become new support.
Next, the 8-day exponential moving average (EMA) remained above the 21-day EMA amid the latest pullback.
Finally, the 50-day simple moving average (SMA) had a “golden cross” above the 200-day SMA in December.
Those points may reflect bullish trends in both the short and longer terms.
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Macro Update: Stocks, Bonds, Yields, Housing, UnemploymentStocks are in a bull market.
Bonds are in a bear market.
Unemployment increases to 4%
FOMC & CPI on Wednesday.
Yield Curve remains inverted. Longest in history.
A US Stock Long setup Swing trade👋Hello Traders,
Our 🖥️ AI system detected that there is an H4 or higher timeframe ICT Short setup in US stock : T for Swing trade.
Please refer to the details Stop loss, FVG(Buy Zone),open for take profit.
For more ideas, you are welcome to visit our profile in tradingview.
Have a good day!
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What happened for AT&T in this 25 years?Hello everybody
As I mentioned before we all need to have a monthly or weekly timeframe watchlist
for our next investments. When you enter in a weekly or monthly rally (Wave 3,5,A,C) you can guarantee your trades and prevent to be trapped in numerous support/resistance levels included in correction patterns.
For this reason I have decided to let you put this NYSE issue in you watchlist.
After ATH (45 $) in 1999 and after 25 years, AT&T has decided to end this longtime
correction and starts a new rally that if it is correct it will give us many chances to earn good profits.
Upper boundary line of ED (Ending Diagonal) should be broken out for our first confirmation.
ATnT completing the first wave of its Bullish ReboundATnT ( NYSE:T ) looks to be have hit its bottom in August of 2023. It could be completing its first leg of an Elliot Wave pattern here which would send it toward $26/share by the 4th Quarter of 2026. This would be about a 66% return over the course of the next 18 months, not including Dividend distributions.
AT&T's Robust Earnings and Subscriber Growth Signal ResilienceAT&T ( NYSE:T ) has emerged from the first quarter with impressive figures, showcasing resilience in the face of challenging market conditions. Despite a slight dip in earnings compared to the previous year, AT&T's performance has exceeded analyst expectations, buoyed by strong free cash flow and robust growth in wireless subscribers.
Solid Earnings Performance:
AT&T ( NYSE:T ) reported adjusted earnings of 55 cents per share for the first quarter, slightly down from the previous year but surpassing analyst estimates. While revenue experienced a marginal decline, the company's ability to outperform earnings projections underscores its operational efficiency and strategic focus amidst market fluctuations.
Growth Drivers:
One of the standout achievements for AT&T ( NYSE:T ) in the first quarter was its impressive free cash flow of $3.1 billion, significantly exceeding estimates. This robust cash flow not only supports AT&T's dividend payouts but also provides flexibility for future investments and strategic initiatives. Moreover, the addition of 349,000 postpaid wireless phone customers highlights AT&T's continued relevance and competitiveness in the wireless market.
Subscriber Growth and Retention:
AT&T's success in attracting and retaining subscribers is particularly noteworthy, especially amidst intensifying competition in the telecom industry. The company's ability to surpass Wall Street estimates for postpaid phone subscriber additions reflects effective marketing strategies and a compelling service offering. Furthermore, AT&T's lower churn rate underscores customer satisfaction and loyalty, positioning the company for sustainable growth in the long term.
Strategic Outlook:
Management's reaffirmation of its 2024 outlook, which includes ambitious targets for revenue growth and free cash flow, instills confidence in AT&T's strategic direction. By focusing on key growth areas such as wireless services and broadband, AT&T ( NYSE:T ) aims to capitalize on emerging opportunities and enhance shareholder value. Additionally, the company's proactive response to network disruptions, such as offering credits to affected customers, demonstrates a commitment to customer satisfaction and service excellence.
Technical Outlook
AT&T ( NYSE:T ) is up by 1% trading below the 100-day Moving Average (MA) with a Relative Strength Index (RSI) of 43.22 indicating rising momentum.
Conclusion:
AT&T's strong performance in the first quarter reaffirms its position as a leading player in the telecommunications industry. Despite facing challenges such as market volatility and competitive pressures, AT&T ( NYSE:T ) has demonstrated resilience and agility in adapting to changing dynamics. With robust earnings, solid free cash flow, and impressive subscriber growth, AT&T is well-positioned to navigate the evolving landscape and drive sustainable value creation for its stakeholders in the quarters ahead.
AT&T Stock AnalysisIntroduction:
In the AT&T stock chart, I observed a tendency to break out of a long-standing downtrend. While there are rising trends within the downtrend, it may not be reasonable to expect potential gains unless the downtrend is broken. In the event of a breakout of the downtrend, we may anticipate movements towards the points indicated by the black horizontal lines on the chart. Additionally, if the rising channels in the area marked by blue dashed lines on the graph are broken, sharp rises in the stock may be expected.
Risk Warning:
This analysis does not contain investment advice and is based solely on personal opinions. Investors should conduct their own research and consider their risks.
T AT&T Options Ahead of EarningsIf you haven`t sold the double top on T:
nor bought the dip:
Then analyzing the options chain and the chart patterns of T AT&T prior to the earnings report this week,
I would consider purchasing the 16.50usd strike price Puts with
an expiration date of 2024-4-26,
for a premium of approximately $0.46.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Will it fall more?From the graph we have a great possibility. If prices do not overcome the 17.05 region we can see prices seeking first the long average (white line) and then the 15.09 and 14.83 bands (support).
For this to happen, prices must drop below 15.95, as shown below.
Resistances: 16.79 and 17.05.
Supports: 15.09 and 14.83.
The value of 14.83 is a possible target with the loss of the 15.94 region.
Do your analysis and good business.
Be aware, if you buy, use stop loss.
See other graphical analyzes below.
Looks like a bottom may be nearT has pulled back to the area of the 100% extension of wave 1 and 2, which aligns with the abc target from the current high. If a bottom is found, there is great upside to be had in this dividend monster.
2024 Q1 Long: TForming Cup and Handle, breaking out of BB, MACD turning positive, RSI crossover. While there are multiple reasons for a pull-back, this could be a breakout. Will hold a long position until I think otherwise; T has been beaten up without redemption.
AT&T Investigates Data Leak Impacting MillionsTelecom giant AT&T ( NYSE:T ) finds itself embroiled in an investigation following a distressing data breach that has left millions of customers vulnerable to exploitation on the dark web. The incident, which occurred approximately two weeks ago, has thrust AT&T ( NYSE:T ) into the throes of cybersecurity scrutiny as it grapples with the fallout of compromised personal information.
Preliminary assessments reveal that the breach has affected a staggering 7.6 million current account holders and an additional 65.4 million former customers, raising alarms about the security protocols safeguarding sensitive customer data. The leaked dataset, dating back to 2019 or earlier, comprises a trove of personal information, including names, addresses, phone numbers, dates of birth, and Social Security numbers.
While AT&T ( NYSE:T ) moves swiftly to mitigate the fallout by resetting passcodes for affected users and extending credit monitoring services, the source of the leak remains shrouded in mystery. As investigations unfold, the company remains steadfast in its commitment to addressing customer concerns and fortifying its cybersecurity infrastructure.
This incident marks yet another blow to AT&T's reputation, following a recent cellular outage in February that left customers grappling with service disruptions. Despite assurances that the outage stemmed from internal system glitches rather than malicious cyber activity, the recurrence of such incidents underscores the ever-looming specter of cyber threats in an interconnected digital landscape.
For AT&T ( NYSE:T ), the stakes are high as it navigates the complex terrain of data security and customer trust. The company's proactive measures to engage affected users and offer remedial support signify a concerted effort to uphold its commitment to customer satisfaction amidst adversity.
As the telecom behemoth grapples with the fallout of this breach, the broader implications resonate across industries grappling with the escalating threat of cyber intrusions. With cybercriminals leveraging the dark web as a breeding ground for nefarious activities, the imperative for robust cybersecurity measures has never been more pressing.
