Trading At&t $T With Integrated Risk Controls

April 20, 2023, 14:48 pm ET, BY Thomas H. Kee Jr- Editor, Stock Traders Daily| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Price matters most to #makingmoney in the #stockmarket. Celebrating 20 years, Stock Traders Daily provides the tools that help you develop investment strategies, and this is a good example. When we couple this with our market based analysis, the probabilities of going with the flow increases, and that is material over time. The At&t (NYSE: T) report below can help you, but we have more details too. The trading plans for T, and the other 1000+ stocks we follow, are updated in real time for subscribers, but this report is static. If you want an update, or a different report, please get one here Unlimited Real Time Reports.

Longer Term Trading Plans for T

• Buy T slightly over 17.06 target 18.75 stop loss @ 17.01 Details

The technical summary data tells us to buy T near 17.06 with an upside target of 18.75. This data also tells us to set a stop loss @ 17.01 to protect against excessive loss in case the stock begins to move against the trade. 17.06 is the first level of support below 17.63 , and by rule, any test of support is a buy signal. In this case, support 17.06 would be being tested, so a buy signal would exist.

• Short T slightly under 18.75, target 17.06, stop loss @ 18.8 Details

The technical summary data is suggesting a short of T as it gets near 18.75 with a downside target of 17.06. We should have a stop loss in place at 18.8though. 18.75 is the first level of resistance above 17.63, and by rule, any test of resistance is a short signal. In this case, if resistance 18.75 is being tested, so a short signal would exist.

Swing Trading Plans for T

• Buy T slightly over 18.75, target 19.71, Stop Loss @ 18.7 Details

If 18.75 begins to break higher, the technical summary data tells us to buy T just slightly over 18.75, with an upside target of 19.71. The data also tells us to set a stop loss @ 18.7 in case the stock turns against the trade. 18.75 is the first level of resistance above 17.63, and by rule, any break above resistance is a buy signal. In this case, 18.75, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short T slightly near 18.75, target 17.06, Stop Loss @ 18.8. Details

The technical summary data is suggesting a short of T if it tests 18.75 with a downside target of 17.06. We should have a stop loss in place at 18.8 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 18.75, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for T

• Buy T slightly over 18.75, target 19.79, Stop Loss @ 18.71 Details

If 18.75 begins to break higher, the technical summary data tells us to buy T just slightly over 18.75, with an upside target of 19.79. The data also tells us to set a stop loss @ 18.71 in case the stock turns against the trade. 18.75 is the first level of resistance above 17.63, and by rule, any break above resistance is a buy signal. In this case, 18.75, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short T slightly near 18.75, target 17.06, Stop Loss @ 18.79. Details

The technical summary data is suggesting a short of T if it tests 18.75 with a downside target of 17.06. We should have a stop loss in place at 18.79 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 18.75, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

T Ratings for April 20:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Neutral
P1	0	0	17.06
P2	19.79	19.71	18.75
P3	0	20.03	20.51

Support and Resistance Plot Chart for T

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