Hey traders after a previous trade trade on the hood hitting targets of 16.4%. Today I bring you 
T
Technical + Fundamental View
Pro Tip
- Breakdown below the Entry Line will be considered at Trade Initiation. (Risky Traders)
R:R= 5.4
- Rest can follow entry at day close post breakdown SL above Entry Candle.
- The Breakdown Below the Entry Line will confirm the head and shoulder pattern
Entry Line - 26.93
Stoploss - 27.53
Target 1 - 25.59 (Neckline of head and shoulder)
Target 2 - 24.74
Target 3 - 23.68
Technical View
- Head And Shoulder on Daily Time frame
- On the hourly timeframe, the chart looks weak, showing a potential double top pattern where the second peak is lower than the first, indicating growing investor fear.
Fundamental View
- High Debt: Over $140 billion in debt limits investment capacity and consumes significant cash flow.
- Network Issues: Poor service quality and outages risk losing customers to competitors.
- Strong Competition: T-Mobile and Verizon offer better plans, making customer retention harder.
- Market Saturation: The U.S. wireless market is nearly saturated, limiting new customer growth.
- Execution Risks: Growth and debt reduction depend on flawless asset sales and network upgrades; delays could harm finances and stock performance.
Additional Considerations
- AT&T’s valuation is higher than some peers, potentially capping upside.
- Telecom market competitiveness means growth hinges on successful 5G and fiber rollouts.
- Dividend yield (~3.9%) is attractive but lower than some rivals, which may impact income investors.
T Technical + Fundamental View
Pro Tip
- Breakdown below the Entry Line will be considered at Trade Initiation. (Risky Traders)
R:R= 5.4
- Rest can follow entry at day close post breakdown SL above Entry Candle.
- The Breakdown Below the Entry Line will confirm the head and shoulder pattern
Entry Line - 26.93
Stoploss - 27.53
Target 1 - 25.59 (Neckline of head and shoulder)
Target 2 - 24.74
Target 3 - 23.68
Technical View
- Head And Shoulder on Daily Time frame
- On the hourly timeframe, the chart looks weak, showing a potential double top pattern where the second peak is lower than the first, indicating growing investor fear.
Fundamental View
- High Debt: Over $140 billion in debt limits investment capacity and consumes significant cash flow.
- Network Issues: Poor service quality and outages risk losing customers to competitors.
- Strong Competition: T-Mobile and Verizon offer better plans, making customer retention harder.
- Market Saturation: The U.S. wireless market is nearly saturated, limiting new customer growth.
- Execution Risks: Growth and debt reduction depend on flawless asset sales and network upgrades; delays could harm finances and stock performance.
Additional Considerations
- AT&T’s valuation is higher than some peers, potentially capping upside.
- Telecom market competitiveness means growth hinges on successful 5G and fiber rollouts.
- Dividend yield (~3.9%) is attractive but lower than some rivals, which may impact income investors.
Trade active
Trade Going Strong💪💪Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.