After sideway Consolidation;
Down into demand.
Earning date 10/22/2020 -- last week.
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Idea is that some of their investments are performing poorly and it isn't because of COVID but due to a changing world. Target is based on month of acquisition approval of DirecTV, $24.20
See here for FA:
Timeframe for trade: I am hoping for U.S. elections to accelerate downfall, will keep an eye for HLs
TITLE : BUY T AT&T
ASSETS : STOCK
SYMBOL : T
ORDER TYPE : (EP1) MARKET ORDER (1/2) position size (partial low lot entry)
(EP2) BUY LIMIT ORDER (2/2) (Now enter rest of position)
TF : Week
ENTRY PRICE 1: $27.00
ENTRY PRICE 2: $$24.50
STOP LOSS : $22.00 (50 PIPS)
TAKE PROFIT 1- $32.00 (50PIPs)
TAKE PROFIT 2- $37.00 (100PIPs)
TAKE PROFIT 3-$$42.00 (150...
I`ve learned from the market that trying to buy a selloff is like catching a falling knife without getting cut!
So i would rather stay away from this stock for a long position yet.
Better to buy the breakout!
What indicators are saying:
Sell on 2h timeframe
Sell on 7h timeframe
Sell on 3 days timeframe
If you are interested to test some amazing BUY and SELL...
Description of the analysis:
AT&T corp. ( T ) support zones ideal for timing long positions (gray). Trade what you understand, trade carefully and sparingly according to the business plan.
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM...
Now only if our economy could recover like AT&T stock.
Looks like when it's on sale, it doesn't stay on sale long! But at these levels it appears to still be on sale today.
First profit exit - 30.15
It may be worth it to perpetually hold some T cuz did i mention 7+% dividends?
Based on my analysis:
1. T at a support level 27.25 USD & formed hammer .
2. Stochastic shows price in oversold region.
3. I expect T will going up to 28.90 USD.
4. Overall, MA 20,50 & 200 indicate T in downtrend.
Stock Market Analyst
Looks like selling volume is falling, tapping the long running trend line support. I do feel like we are going to retest the lows again for sure. I do not feel optimistic about returning to this trend line again any time soon. I'm normally not very bearish and I do hold maybe a percent or two in AT&T . SO we shall see.
Hope y'alls families are safe and you guys...
Looks like there may be another day or two to fill the gap but it is showing signs of bottoming out. Looking at reversal soon. I am long at this time, (this is a long trade with a time period of 1 year)