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AT&T, Inc. Message Board

  • mikerego19 mikerego19 Dec 6, 2012 11:19 AM Flag

    Dumping of T continues and continues and...

    ...$38 looks like a very distant memory - will be quite some time before we see that again.

    Sentiment: Hold

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    • The chart http://finance.yahoo.com/echarts?s=T#symbol=t;range=1y;compare=;indicator=dividend+bollinger+sma%2820%29+volume+stochasticslow+rsi;charttype=candlestick;crosshair=on;ohlcvalues=1;logscale=off;source=undefined; does not support your claim of dumping. Average volume is 26 million shares and note that there are only a few days when the volume has varied from that more than a 10%. Also note that the current price is a little above the 20 DMA. The Bollinger Bands are moving together and December seems to be shaping up as a pretty flat month. Don't count out $38. Notice what happens when the Bollinger Bands are close together for a while. A rapid breakout occurs. The last one was downward. The next is most likely to be upward. Don't lose sight of the fact that the dollar is losing its' value and it will take more dollars in the future to buy shares of AT&T.

      Sentiment: Buy

 
T
33.27+0.60(+1.84%)1:01 PMEST

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