AT&T in a key area right now .NYSE:T is in a key area right now , what will happen tomorrow or the next few days is likely to give a clear idea about future price evolution .Either upwards to around the 37 mark ,or downwards .
ATT trade ideas
AT&T Topping Out Short TermAT&T (NYSE: T)
What is AT&T:
Is a telecommunications company that also provides mobile phone Services along with Cable and Internet Services.
JesusTrades Score:
Sell
Scale Score:
Risky (7/10)
Portfolio Hold:
1 month
Fundamental Reasoning:
Last Earning Report (Pre-COVID) T reported an earning of less revenue than last year, less EPS and and a Loss on revenue. Short interest on T has been going up since 4/20 and believe more will come in when the market takes a dump.
AT&T: Good Short opportunities within the next weekScenarion #1.0: Short from current level or higher
Optimal price for S:1.0
Short price - $29.5;
SL - 31.3 (6.5%);
TP/Fix - 23.9 (19%).
P/R ratio - 3.0
P.S The following scenarios will be considered after the #1.0 is implemented - check an updates
Share your vision on this stock in comments below.
BOLLINGER BAND Indicator of VolatilityA Bollinger Band is a technical analysis tool defined by a set of lines plotted two standard deviations (positively and negatively) away from a simple moving average (SMA) of the security's price, but can be adjusted to user preferences.
Because standard deviation is a measure of volatility, when the markets become more volatile the bands widen; during less volatile periods, the bands contract.
AT&T (T) daily shooter long opportunityThe market started to show great sector rotations after such a huge correction.
To build some positions again, sectors that are more defensive despite the coronavirus are my main focus now.
T is one of the name that I'll be looking at.
Solid business, nice dividend yield in such price level, and a nice setup to trade!
If this daily shooter is able to break to the upside, I'm interested in taking some long here.
Let's see how it goes yo!
T to Long, from 27 to 31Existing Condition:
1. in weekly demand zone (12/28/2018)
2. 15m Double bottom
3. Gap up, down trend line break
4. re-test, Gap filled
Entry near 27
Stop: 26
target: 31;
Risk/reward=1:4
This is a trading school homework. I need 6 months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
In my real trade, I use options. I bought Jun 28 Call, limit 1.81.
If I am right, I will Sell C31 limit 1.9; So, Get a C28/31 long position for free.
If stop: lose about 0.60.
Sum of my ideas: 5 active
1 winner, 1 loser, 8 cancelled, 4 pending for condition, 1 analysis only.
AT&T Still great Long Term Hold I consider AT&T to be a perfect company for any cash flow-oriented investor who wants to take advantage of the recent volatility to invest. The company already represents almost 3 percent of my broadly diversified retirement portfolio. In principle, I don't want individual companies to be above this three percent threshold, but I could make an exception for AT&T. The dividend is comparatively high and secured by a low payout rate and an extreme cash flow. I am also surprised and impressed by how defensively the share price has held up in the wake of the corona shock on the markets. Accordingly, the company remains a clear buy for me, especially in uncertain times.
