1T trade ideas
T - AT&T buy support zones analysisHello traders,
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.
About me:
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 options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (over $4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
T is still on saleNow 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?
AT&T showing signs of bottiming outLooks 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)
AT&T break!About to break - up or down?
The thing about AT&T is that the technical analysis alone doesn't paint the full picture. AT&T is on the fed's balance sheet. It cannot lose, so basically it's just on sale right now, and a perfect opportunity to buy. I'm predicting a breakout. Afterall, if it breaks down, it gets propped up. There's never been a time like this - the normal rules don't apply.
AT&T Moving south in the near future?AT&T looks to be fighting trending resistance, and is further being pressured out of its horizontal channel, falling out of the 28.92/30.04 price range. A light friday candle, arguably a doji, will not hold up this slight move in price northward. Good volume, however, and RSI Indicator suggesting a possible reversal off the 28.92 support. The question - Will it hold?
The current trend says no - 8 EMA is now acting as resistance as well, and the last several weeks are pushing it south. Put/call volume ratio is 1.43, with put volume exceeding call volume. What's hard to tell, imo, is this - is this hedging volume, straddle/strangle strategies?
I do believe, as in the recent past, this opens/pushes bull initially then falls bear. My top 2 strategies;
$T (29.00) 28 P 09/18 0.08
Strategy #1 - Limit/market buy 0.08
OR
$T (29.00) 28.50 P 09/18 0.15
Strategy #2 - LIMIT Buy @ 0.08, thinking
this will open and run north to 29.26,
dropping premium to my limit buy 0.08
Strategy #2 fulfills 3 things - a great discount toward a put buy, a better put strike position, being 0.50 closer to underlying price and better delta!!
*Let's see what happens*
DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
T giving you chance to accumulate here.Will start buying here in the low 29's and add in the low 28's
Trade 6: $T Calls30 - $0.16 T $30.50 calls for 8/21
Rules:
1. No earnings plays (post earnings )
2. No increasing/averaging down, use a stop loss of 20-30%
3. Charting based on triangles/ wedges and SMAs (sitting on all the SMAs , rising RSI , MACD ready to make a move)
4. At the money/near the money (check)
5. Risk/reward 1/3 or greater (next week cheap calls, but stock doesn't move much, need a quick 2-3% move in the next few trading days)
6. Buy 45 days out approx. (the way I trade, I may need to scrap this and work on timing of the purchase of the contract)
7. After the first week, get out and reassess if it still hits all these criteria (will update likely to a few days based on my trading habits, we'll see)
Trade 1: BA call $250 to $480 ($130 net)
Trade 2: ARMK call $435 to 435 ($0 net - still $480 principal)
Trade 3: MGM call $435 to $315 ( -$120 - $360 principal)
Trade 4: WFC call $354 to $255 ( -$99 -$261 principal)
Trade 5: GOOS call $85 to $280 ($195 - $541 principal)
Trade 6: T calls $480 to ....
Bought too early in the day, poor price compared to what I could buy now, but GOOS turned around next day maybe this will as well
Let's hope this holds Now that I jumped into AT&T too fast, let's see if this have hold a 1hr trendline and jump back push back through the $30's,,,
AT&T INCNYSE:T
Hey, traders.
It's been a long time since we've talked last time, right?
Well, the specifics of the last weeks of my life have changed dramatically.
I try to look for really strong models in order to avoid short-term trading inside the day and to free up time for obtaining a hedge fund manager license. I apologize in advance for not putting out so many trading ideas as I used to.
So, an interesting picture is emerging from AT&T.
What's on the chart:
1. The level formed by the stop of the strong decline on March 12.
2. The level is confirmed on March 16, as well as many touches and false breakouts.
3. Separately, I would like to note that on March 26, we received the upper retracement point for the downtrend, which once again proves that there is a strong short player.
4. However, now we are clearly observing the consolidation under the level.
Many traders studying the candlestick analysis patterns call the formed model a "triangle".
Personally, I don't like patterns and I don't even try to remember them, it's much more convenient to understand the logic of the market, but now it's not about that.
5. As you understand, it is not easy to break through such a model from the first time. I'm waiting for a pressure under the level.
6. The right signal that a long player will soon start his attack on the resistance level is "sticking" bars to the level.
Lets take a look at the general market sentiment .
The summary board of options on this paper with expiry date 2020-08-14 shows the relative parity of buyers and sellers: Put/Call Open Interest Ratio: 1.04 - it means there are more sellers than buyers.
Now see the options summary board with the following expiry dates:
2020-09-11: 0.43- The mood is changing. There are more customers.
2020-09-18: 0.87
I am fully satisfied with these option rates. This means that my idea for this paper now coincides with the general market sentiment in the relatively near-term foreseeable future.
Important: Just before the deal itself, as you understand, I will be looking at the chart . In my trading strategy, the chart has the highest priority. I trade only what I see with my own eyes. The relative performance of the composite option boards is just an additional benchmark.
My strategy is to enter:
Waiting for a squeeze under the level, then waiting for a breakout and fixation.
I enter only after retest of the level to avoid getting extra SL, thus reducing the risks.
Output in parts, on the marks: 33 and 36.47
AT&T Long For Week of 8.9T looking good for this week and maybe next week as well.
Chart looking to turn bullish.
Entering with an hourly close above 30.15; stop out at 29.25.
Targets:
Target 1: 30.75
Target 2: 31.50
Target 3: 32.00
Target 4(Extreme 1): 32.50
Target 4(Extreme 2): 33.00
Best of Luck,
--d0x
