AT&T Stock is being pressured away from the Upper Bollinger Band. On Friday it looked like it might try to break through which would have signaled a break-out for the stock. With the next quarterly earnings not being released until October 21, there is plenty of time to take advantage of the present weakness and the higher volatility to enter a few trades.
AT&T Stock has continually had trouble at the $35 level so this may be yet another rebuff for the stock at $35.
Here are some of the trade ideas I have for AT&T Stock along with the trade I entered into today. This may be the start of a larger position in AT&T Stock.
Trade Alert and Trade Ideas for AT&T Stock
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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