The earnings disappointment hit AT&T Stock hard this morning. As explained in my investing strategy notes before the markets opened for today, I was expecting this weakness in the stock but I did not think the reaction would be so strongly negative. The stock easily fell through $35 at the open as there is not a lot of support in the stock at the $35 level. Today’s trade alert discusses the support levels and the outlook for the stock as well as the handling of this trade.
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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