T trade ideas
$T just startingAbout to touch the 200 SMA and with a buy signal. The company at this price is paying a 7.76% dividend yield. Looks good. Im long
T: Dip & RipI remain bullish on ATT and plan to hold through 2022, however the stock has rallied over 20% in less than a month with the RSI approaching over bought levels going from 29.8 to 74.6 in the same period.
The price pulled back after breaking thru resistance and closed under resistance which also coincides with the 1.61 fib level.
I anticipate a pullback to trend line (monthly) or the 1 fib level (25.58-24.98) and then a continuation of the rally to $30+ in the short term. This would create a cup & handle pattern.
Broke down from a trend going back a long timet broke down from a trend going back to 1999. Im overall bearish in the market and expect this to be rejected.
AT&T ready to for the next big jump? Dear TradingView-Community,
today I want to share the first investment idea and I hope it will help you making the right decisions or bring a new perspective to your analysis.
I really would like you to ask for feedback, that I can also learn from different views to become better over time. Thanks a lot for your time and I really hope it is not wasted, but for your benefit.
As you can see on the chart, it is a really long cycle of the AT&T stock performance. As many communication stocks at that time AT&T hit its all-time high shortly before the dot-com bubble reached its biggest volume. AT&T have never seen this price since. Instead over the years there were several up and downs, but all had one thing in common >> every high and low stayed within a triangle (purple lines) and the volatility went down more and more.
In October 2021 after presenting Q3 results, the stock price went to free fall and left the triangle to the lower end. But the downturn haven't stopped there, also the last significant support zone at the 23.6% Fibonacci retracement - red line and active since 2005 - couldn't stop the sell off. Instead the chart went down almost until the last significant low from both - end of the dot-com correction (2002-2003) and end of the financial crisis (end of 2008-2009) (red bubbles).
Now let's take a closer look to the indicators, to find out if this also is a similar extreme reaction of the market as it was twice in the last decade.
1. RSI - Relative Strength Index
As you can see in the picture only 4 times since 2000 we could see a oversold situation in the weekly RSI chart until today. It is relatively easy to interpret the first 3 oversold situation because it was always the end of a broader market correction (dot-com, financial crisis, Covid 1st wave). Therefore it was also pretty easy to predict that the oversold situation will be corrected by increasing stock prices after the fear went out of market and the optimisim took place.
But what about the current situation?
We have an even more oversold situation, in fact we reached a new all-time low at 16.46. It would be very easy to argue that this is a perfect moment to buy stocks as much as possible, because this oversold situation will be cleared for sure very soon. But...
In my opinion there are several obstacles on the way and it is not that clear that a higher RSI also comes along with a higher stock price.
1. Currently we don't have had a broader market event that explains the downturn of this stock.
2. The competitor situation has changed dramatically over the last decade. (rise of T-Mobile US and recently the rollout of Tesla's StarLink project.
3. The liability situation becomes worse dramatically over the last 5 years with acquisitions of DirecTV and TimeWarner.
4. Both really large acquisitions are already on the way to separate again from AT&T in new corporations, but for a far lower value than purchased before.
5. The necessity of investing into 5G and fiber optic infrastructure to fight the competitors.
6. The latest spin-off announcement and the merger of HBO and Discovery also leads to dividend cuts for the first time since 50 years.
7. Technically the bearish cross of the triangle is a massive sell signal, but this is already happen and the price dropped already 20% since then.
Nevertheless, I need to point out that all above arguments also have some positive counterparts + we need to differentiate between a long-term investment based on value investment strategies and an short to mediate technical based investment.
So let's find out the positive things about the current situation and the nearer future:
1. Technically we are at an extreme low point when it comes to fib-retracement and RSI - that can lead to a turnaround with a short-term potential until $24.75 (23.6% Fib-retracement) or even $29.34 (38.2% Fib and connection to the triangle.
2. The merger of HBO-Discovery leads to a lot of additional stocks from the new corporation (70% of the AT&T stocks when you hold your stocks until the merger went through (approx. mid 2022). As you can see after several spin-off of different companies (e.g. Mercedes-Benz AG split from Mercedes-Benz Truck and Buses) the sum of both stocks are very often more worth than the stock before the spin-off. Means even when the AT&T stock price is not tending upwards, the spin-off and merger next year brings lots of potential.
3. The Spin-off leads to a significant liability reduction for the AT&T stock and that leads to a better value for the whole company.
4. The new merger is one of the market entertainment leader and with its digital and subscription growth strategy as well as its plans to expand to Europe, the best position in sport documentation and the strong brands will be a great base for expansion.
5. The reduced dividend kicks out dividend investors, but also leads to more free cash-flow to speed up the extension of 5G and fiber network.
6. The separation from the media section leads to more focus on the core business and allows to slimline the customer approach what also will safe operational costs.
7. AT&T is still a strong brand and one of the biggest communication companies in the world. It serves not just the US but the most countries of the world on all continents. Especially in raising Latin America AT&T is leader in costumer experience and working environment. A great foundation for further growth. Also the connection to the US government and especially into the emergency and health sector is a Garant for stable returns.
What I am now looking for to find a safe trade-in point with a W/L ratio of at least 2/1:
1. MACD weekly
When the blue line is crossing the red line again upwards that is a clear sign of strength and very bullish to interpret. Especially on the weekly basis. To trade-in earlier and have both - more potential and risk - you can use the daily basis instead. But the risk of a false signal is slightly higher.
2. OBV weekly
OBV stands for On-Balance-Volume and symbolize the activity of "smart money". Means a new high in OBV symbols massive institutional activities and could be interpreted that there is a lot of big money in the stock. On the other side new lows symbol the complete opposite. As you can see in the chart above the idea is to figure out new extreme points and use them as an investment chance.
In my opinion, we currently see a big uncertainty from institutions about the plans AT&T is planning to go. Or more likely because of the uncertainty the big money went out of the stock to observe the ongoing events and the next steps of the company from the side lane.
This brings me to think about against the main stream and feels a lot like over fearing. For me a good signal to get in, because as soon as the smart money comes back, the stock price is likely already jump by 10% or more.
3. CMV weekly
The Chaikin-Money-Flow stands for buying pressure when positive and for selling pressure when negative. As you find in the Chart, very often a new low of the CMV leads to a massive return reaction in the chart price. Therefore I am thinking again with this new all time low, the technical pressure to the upside is already in the making and could lead to a new buying period over the next couple of month.
What do you think about my interpretation on AT&T? Is it a buy, a hold or still a stock to short? I am already excited about your additional indicators that had work for you and what this indicators may tell about the next move of the AT&T stock.
Please also feel free to comment critic on my interpretation, but it would be great, when you also add some value how to do better in future.
Again thank you very much for your time and if this was value for you, you are always welcome to donate. That helps me to stay motivated in sharing my analysis.
Best wishes and maximum profit for all of you.
Daniel from EcoFinLife
>>> When all passengers in a boat are leaning to much over port it's time to go to starboard. Earlier than later the others will follow. <<<
AT&T Bearish DivergenceThere's a bearish MACD Divergence on the AT&T daily chart. And to confirm this signal: RSI hasn't been in the overbought area for a while - but now it is.
Looking at the MACD, we see that MACD and the Signal Line are still moving in the same direction - to indicate a trend reversal we would need to see the MACD cross the signal line from above - so there's no bearish signal yet - BUT - the MACD histogram shows two hills with the second one (the newer one) being not that big as the first one. This might indicate that the price will still rise a bit to the resistance at 27.06 (R2) and then - after MACD crossed the Signal Line - it will fall to the monthly Pivot Point at 23.93.
Usually, the Pivot Points get touched by the price in the current or in one of the following time periods. So there are multiple Indicators to second the bearish Signal.
AT&T flag pattern formed *not financial advise no guarantee of correct predictions* Flag has formed. Breakout possibly coming?
AT&T Long Continuation with Index Strength#T
T was a solid winner last week running from 24.50 to 26.82 Before pulling back on Thursday. Friday found support at 26 and we saw dip buyers here also on Friday. Above 26.80 this should move back towards 28.
ATT AT&T: Upside Potential BeginningQuick Analysis on AT&T Inc (ATT) on a 5D Linear Chart.
1) The AT&T stock price is back to the 2008-2010 lows.
2) The RSI (relative strength index) has been hovering in the oversold region and met the bottom trendline.
3) In the chart, a fractal from the previous price increase is shown assuming price moves in the same direction.
4) A Trend Based Fibonacci Extension is also shown to give the reader areas to focus on.
5) The Volume is healthy.
6) The price has suffered over the past 10 years and now there may be a chance for it to go back up. Let's see!
What are your opinions on this?
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Buy $T- NRPicks 03 DecAT&T Inc. provides telecommunications, media, and technology services worldwide. The company operates through its Communications, WarnerMedia, and Latin America segments.
Revenue TTM 173B
Net Income TTM 1.5B
EBITDA TTM 53B
EBITDA Margin TTM 30%
Debt/EBITDA TTM 3.56x
P/S 0.96
P/B 1.01
The return of T to the telecom giants?What a sexy few weeks for AT&T. Double bottom into bullflag into new rip up. All signs point to some continued momentum. And with 5G not delayed and T focusing back on their mobile business and not other bullshit. That said RSI is a bit high i can see a small RSI reset for continued momo. look for entry into equty or options at 25.25-25.00 for conslidation and rip to 26.30 and 26.95
AT&T Communications/Metaverse Play?AT&T did a double bottom with equal buying and selling here on the Daily. The double bottom happened only over a few days, however there's Four Green Candles "Marching Up" a fifth one would have been nice, but four is pretty strong. What do you think is AT&T going to gain 5G Market Share? I recently saw a comparison to T-Mobile, but can't help think which other brands will gain in this sector. The Metaverse is going to need 5G as more games roll out onto phones, which platform do you all think be the biggest? Also AT&T just bought it's own Advertising Brand, so again it's going to be collecting tons & tons of data. After taking a beating politically & economically this might be a buy, no bags but looking. Not advice, please DYOR & view AT&T & it's subsidiaries prospectus.
$T - Unorthodox Breakout Trade ThesisHistorically, $T is an extremely slow mover, which is why I was kind of shocked to see it as a potential breakout trade candidate.
For whatever reason, $T keeps aggressively rejecting off of 24.22, meaning that once these sells are cleared out, we're likely clear up to 24.64! Once 24.64 clears we see 25.00 rather quickly.
Although this move seems tiny on paper, if you play it with options, you can easily bag 200% gains in the blink of an eye.
If we clear 24.22, consider grabbing 12/23 24Cs or 12/23 25Cs, depending on your risk tolerance. GLHF!
AT&T $T readay to bounce? (3/5)Conviction: 3/5
could go down lower to the starting point of wedge
or if we believe fractal from 2007/8 then there might be another buying opportunity with bullish divergence from Weekly RSI
General Thesis
bounce from lont-term resistance (2005)
broke back into downward channel since 2014
Weekly RSI showing good bounce near historical support
Growth
Margins in slightly declining trend
NEGATIVE GROWTH
Value
P/FCF is at historical lows: about 5th percentile
P/S is at historical lows: about 5th percentile
Fundamentals/Balance Sheet
debt/asset ratio good: below 1
quick ratio NOT GOOD: below1
Potential Risks
expensive market...
business looks like somewhat struggling
T LongMonthly Support
Entry 22.92
Stop 22.1
Target 27
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
$T analyst upgrade dip buying here$T rises due to upgrade. analyst upgraded the telecommunications company's stock to overweight from equal weight while lowering its price target to $28 from $32.
I think this is a great dip buying opportunity for long hold. stock also pays dividend if your looking for one.
right now $T just break through ema line for ideal short or long time bullish.
day trade entry for scalp
BUY calls above 24.80 sell at 25.40 or go long and sell at $27.07 to $28.00
BUY puts below 23.65 sell at 22.31
always take profits as you see one. always follow your plan and risk management.
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
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Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
T Very BullishWe see a recent MACD cross in addition to the D+ crossing the D- on the ADX indicator. In addition we see some very bullish price action in the last 3 trading days:
1. Gap up from the low
2. Large green bar that filled the down gap from 11/29
3. Dragonfly Doji testing the .78 fib level but closing over the 1 level & also the prior large bar's close
4. Hammer candle that tested the gap fill level and is continuing the rally upward.
It appears that the bulls are liking these prices and given the 8.6% div yield and the fair value of $30.80/share I think T has a lot of room to run.
targeting: $28.19, $29.32, 33.48
tickerstickers.net
T - (AT&T) up 7% on the week + 8% dividendOne the of the rare positive movers of the week.
Telecoms sector - Historically Defensive
Bounced off the bottom of $22 and is up 7% on the week.
It carries a +8% dividend.
*This is not Advice*
T LONG (Update) Growth Stocks w/ DivAT&T (T) shares were up about 7% in Thursday afternoon trading after Morgan Stanley upgraded the telecommunications company's stock to overweight from equal weight while lowering its price target to $28 from $32.
The investment firm said AT&T's recent stock underperformance "has created an attractive risk reward opportunity," while the firm also sees "a number of catalysts to unlock value by mid-2022."
AT & T is a Growth Stock and does give Div. Yahoo Finance and CNBC expect T to double within the next 6 months.
.
T LONG Big Money in the 23 Call option ex 12/31Big Trade Volume (millions) in the 23 Call option Expiring on 12/31
This is not Trading Advice, just letting you know big money is pouring in on this stock for this particular option setup.
AT&T | Fundamental Analysis | Short Setup | MUST READ ! 🔔AT&T used to be regarded as a well-built blue-chip stock for income-oriented investors. But within the past several years, the telecommunications and media titan has lost about 40% of its market value, and its stock is now near a 12-year low.
AT&T's tumble can be explained by three big missteps. First, it bought DirecTV in 2015 for $49 billion in a failed effort to extend its pay-TV business. Then, it bought Time Warner for $85 billion in 2018 in a desperate struggle to build a streaming media ecosystem. Both deals resulted in the company biting off far more than it could chew, and its long-term debt burden soared.
Finally, AT&T has been so caught up in its media expansion that its wireless segment has been idle. Last year, T-Mobile outdid AT&T as the second-largest wireless carrier in the United States through its merger with Sprint, and its 5G network has more coverage than Verizon and AT&T.
These setbacks have been frustrating, but the stock now trades at just seven times its projected earnings, with a 9.1 percent yield. Should investors think of buying AT&T as an undervalued dividend asset?
Over the past year, AT&T has taken some steps to convert its most critical choices. In May, it stated its intention to separate WarnerMedia (most of Time Warner's media assets) and merge it with Discovery to create an independent company by mid-2022. AT&T's current investors will get stocks in this new company.
In August, AT&T separated DirecTV into a new stand-alone company. AT&T kept 70% of the stock in this new company, and investment firm TPG bought the remaining 30%.
AT&T also sold several smaller companies, including the Latin American satellite division of Vrio, mobile game publisher Playdemic, tabloid news site TMZ, and anime platform Crunchyroll, as well as some real estate to further streamline the business.
The company thinks this approach will free up more resources to expand its 5G network as well as decrease the long-term debt accumulated from deals with DirecTV and Time Warner. The company says its net debt to adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) ratio will drop from a "peak" of 3.1 in early 2021 to 2.5 or lower by the end of 2023.
After the WarnerMedia separation, AT&T expects its annual revenue to grow at a low single-digit compound annual growth rate (CAGR) from 2022 to 2024, and its adjusted EBITDA and adjusted earnings per share (EPS) to grow at an average single-digit CAGR. In other words, the growth rate of the "new" AT&T may look more stable and analogous to that of Verizon.
AT&T is eventually taking some moves in the correct direction, but it still encounters challenges. WarnerMedia's merger with Discovery will create a larger media business, but the combined company may still struggle to keep up with major players like Netflix and Disney in the competitive streaming market. So the "new" Discovery may not be much better than the old one, which has already lost 14 percent of its value over the past five years.
AT&T will also cut its dividend after it separates WarnerMedia. The company anticipates the "new" AT&T to bring at least $20 billion in free cash flow (FCF) on its own and then pay 40% to 43% of that amount in dividends. Meanwhile, WarnerMedia probably won't pay a dividend at all, as it would make more sense to keep that money for investments in streaming.
When AT&T set this cash dividend payout ratio earlier this year, its stock price assumed a future yield of 4-5%. However, AT&T stock has afterwards fallen and increased its yield to 7%-8%. Some investors may believe that AT&T will meet its obligations and maintain this high yield after the spin-off. But if AT&T's stock price stays at $20, the company may decrease its payout ratio and high yield to preserve more cash.
AT&T needs cash because its wireless business still faces challenges shortly. At an up-to-date Wells Fargo conference, Jeff McElfresh, head of communications, warned that AT&T's wireless growth could "go flat" in 2022 after incentive checks and new 5G devices boosted sales in 2021. That negative outlook, along with stiff competition from T-Mobile and Verizon, could make steady growth difficult for the new AT&T.
AT&T is trying to heal its wounds, but the market does not give much credence to its recovery efforts. Analysts still expect the company's earnings to decline both this year and next year (not including the upcoming separation), and earnings growth will remain anemic.
Investors should understand that AT&T stock is cheap for obvious reasons, and they should not buy it until there are some positive results.
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