AT&T LONGWe expect the price to hit the support levels and correct itself by going back up to the prior resistances levels.
We enter long at the support level
Entree at 14.49
Stop-loss at 14.10
Taking profit at 17
Tlong
T looks ready for a wave 3 higher long termT on a monthly looks real good. It looks prime for a wave 3 higher on a monthly. The daily looks like it has finally turned up, so I'm snagging Jan 2024 Calls. Should be a fun ride.
T (AT&T) LONG SET UPTITLE : 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 PIPs)
STATUS : active
T long setupT’s innovation outlook is trending up based on a current score of 82 out of 99, outperforming sector average. Jobs growth over the past year has decreased and insiders sentiment is neutral. T is an Average Performer in terms of sustainability. It is most exposed to Samsung Electronics Co., Ltd. as its supplier. Over the past 4 quarters T failed to beat earnings estimates and it pays dividend higher than its peers.
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