AT&T is in the middle of a correction. Look to the price action for a possible move down to complete this X wave and a bounce to the upside for the Y wave.
Trade the channel in T - till it get dividend cut - if it happens. If not, buy at lower channels and hold it up. In between collect dividends.
Competition from Verizon (VZ), T-Mobile (TMUS) and Sprint (S) has cut into T's margins and bottom-line earnings and the chart set up isn't looking good here
Right, I have articulated previously on how I feel fundamentally about S&P500 earnings growth and think the anti-trade rhetoric is not going away till Nov mid-terms. ES1! is trading at the top of a mini-wedge tucked within a medium term wedge. Drawing on my Dr Suess instincts to try to explain this: Wedge 1 is mini wedge which I believe is a continuation...
I've done no FA on this, drew up for a friend. Here goes not much.
This one has not broke the MACD yet, but this day over day gain is looking really positive. I think we could see it cross by the end of the week and see very good gains. Looks like there is a resistance around $37 and it is gaining volume.
The final ruling in the anti-trust case against the proposed AT&T-Time Warner merger is expected on June 12. Either way the decision goes, price movement is likely. Current prices suggest a recovery from the recent decline. Options strategies that hedge against movement in any direction may be profitable.
Has developed a negative reversal followed by a bearish divergence in the daily RSI which often leads to some decline.
We see a Cup and Handle pattern starting on the 10/30/17 selloff when they announced that the merger between NASDAQ:TMUS and NYSE:S was officially off after years of talk. Once price recovered and hit the $62s level again on 11/27/17, we see a slight decline, as people who bought in at that level were looking to get out. The price is finally back at the mid...
pretty basic. Should be a great long term buy sometime after breaking A wave low!!
W1 - Range H4 - Price broke above the swing high at 39.35. Scenario 1 - One more wave down then buys with TL breakout. Scenario 2 - H1 - Most recent high and TL was already broken up. We can go long as long as last low around 37.95 is holding. We can wait for another small correction and trend line to be created, and wait for a breakout to enter. M 15 -...
So I have notice whether the estimates were made,missed, or spot on the stock price seems to move on its own. I did by the stock because of the low price on bad news, i believe over reaction by the big players. Over the last 5 days the stock has had a sell off @ 10:00 am. No doubt the big boys selling off. I have also seen buying in smaller lots. Lastly the 4:30...
AT&T (T -0.2%) is up 1.2% now in choppy early postmarket action after reporting Q1 earnings that met profit expectations but recorded a billion-dollar miss on revenues. Consolidated revenues slipped 2.8% on "record-low equipment sales" in wireless. EPS fell on a headline basis, but adjusted EPS grew to $0.74 (in line) from a year-ago $0.72. Cash from operations...
On April 13, 2017, AT&T ( NYSE:T ) crossed below its 150 day moving average (DMA). Historically this has occurred 223 times and the stock does not always drop. It has a median loss of 3.679% and a maximum loss of 21.351% over the next 20 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at 32.0245. RSI tends to...
On March 31, 2017, AT&T ( NYSE:T ) crossed below its 50 day moving average (MA) while its 100 day MA crossed over the 200 day MA. Both events have never occurred on the same day. Historically the stock has crossed below the 50 MA 330 times and the stock does not always drop. It has a median loss of 2.239% and maximum loss of 25.170 % over the next 8 trading days....
Historically when the VI reaches this level, the stock rises an average of 2.77% more with a minimal move of 1.22%. If either of those occur, it would be part of a new trend. The stock is now above the previous channel that I have drawn. A commonly hit level is my forecasted move but it is roughly 0.79% from the closing price on December 21. Historics do not lie,...