T: Is ATT worth the trouble?
Elliott hedge fund placed a bet the T is worth $60, probably is but its a legacy carrier, with 170BBBBBillion in debt. they bought content, and got in debt, to complete against NetFlix , Disney and the like. Its a great stock paying 5.36% in dividend yield, for all those fix income seeking steady cash flow, but I dont think it can withstand a down turn in the economy with the inverted yield screaming caution.
I dont doubt the $60 is obtainable, see the monthly view as opposed to the weekly, but not till March 2021 as per my analysis.
TA speaking we see a shooting star this week. Short term short, longterm good buy at $33 and ride the wave contingent upon they are able to withstand the financial storm 16-18 month from now.
cheers, happy trading
I dont doubt the $60 is obtainable, see the monthly view as opposed to the weekly, but not till March 2021 as per my analysis.
TA speaking we see a shooting star this week. Short term short, longterm good buy at $33 and ride the wave contingent upon they are able to withstand the financial storm 16-18 month from now.
cheers, happy trading
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.