| With a fairly attractive P/E ratio and negative earnings per share over the past twelve months, it seems that something is seriously wrong with AT&T, once a great telecommunications company.
Our Analysis:
As long as the price is above 19.00, follow the recommendations below: - Time frame: D1
- Recommendation: long position
- Entry point: 19.34
- Take Profit 1: 19.70
- Take Profit 2: 20.40
Alternative scenario:
If the level of 19.00 is broken-down, follow the recommendations below: - Time frame: D1
- Recommendation: short position
- Entry point: 19.00
- Take Profit 1: 18.50
- Take Profit 2: 18.00
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