The price is going to $27 in the 4-8 months. The earnings fall, the industry has a lot of competitors. This chart shows that the trend changed from uptrend to downtrend bc the price is trading below the 30EMA line which is the main resistance line for AT&T. In the near-term the price can reach $34 but I'm not sure.
The 100EMA support line can be safe target to enter if the management starts to do something to grow the customer base but so far this boat is sinking.
the RSI is low than 50 and the MACD crossed through its signal line 8 months ago, all signs for sell shares bc we have a lot of opportunity on the market.
ENTER: $24-26
Likes/Comments. Yes, please :)
The 100EMA support line can be safe target to enter if the management starts to do something to grow the customer base but so far this boat is sinking.
the RSI is low than 50 and the MACD crossed through its signal line 8 months ago, all signs for sell shares bc we have a lot of opportunity on the market.
ENTER: $24-26
Likes/Comments. Yes, please :)