AT&T's stock price hit a 52-week low of $24.54 at the beginning of the month after the company postponed the rollout of its C-band spectrum, a component of its new 5G network, waiting for an aviation safety review.
Our Analysis:
As long as the price is above 24.30, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 24.71
- Take Profit 1: 26.00
- Take Profit 2: 26.40
Alternative scenario:
If the level of 24.30 is broken-down, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 24.30
- Take Profit 1: 23.60
- Take Profit 2: 23.10
Post a Comment
0Comments