Trade ideas
Nothing good here - AT&TThe 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 :)
AT&T INC Levels and Zones to watch! I have finally decided to chart AT&T.
Looking for a deeper pull back into the 618 at the 27-29 range.
We have momentum slowly turning positive, with some buy signals stacking.
Were at the bottom of the bolly band with the failed false breakout of 3 years back into its proper wedge.
Lets see what happens. Dividends for all!
I want everyone to win!
Happy trading, debating and speculating!
FOLLOW me for updates, and check out my other charts, which have been 100% accurate.
T turns around down trend at supportT seems to have broken out of it's down trend after hitting a longstanding support of 32. Look for it to start climbing back up. It's resistance in the past months has been consistently at around 39-40 so for a longer-term purchase at around 25% gains, T looks like it's going to start heading that direction again.
AT&T Bullish butterfly before earnings!AT&T has been so weak to make a new low after the 2015.08.24 low!
The earnings report day is coming, there is a potential bullish butterfly about to be formed before 30.00 fig.
Of course, this trade requires a intraday reversal sign AFTER the earning report,
if going down after earnings but not breaking the 30.00 fig (Kinda a no-brainer SIZE over there)
and give a reversal sign there, that'll be a good chance to create a mid-term position for this dividend giant.
Let's see how it goes!!






















