Pip.Gawd

Good Buying Opportunity for CenturyLink

Long
NYSE:CTL   None
NYSE:CTL

CenturyLink is down at the moment, but the stock is very oversold also. The stock is still paying a 14% dividend at the moment, so it is a good investment for passive income.

Stock has a Beta value of .86, which means it isn't as volatile as the market.

Look for the stock to start auctioning back at the $24 mark. If the trend grows in strength, we could be looking at a valuation of $32. Volume will be a good indicator once we reach the expected resistance area .

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