Telecom Telecom Telecom Oh My

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[/et_pb_text][et_pb_text _builder_version=”4.12.0″ _module_preset=”default” global_colors_info=”{}”]Good day, folks. So today we’re gonna take a look at three of the communication or telecom stocks that most are familiar with at&t ticker is T Verizon ticker vz and T Mobile ticker is T M U S. Now, as you can see from the smart seasonal software that we are entering a period of bullishness for all three of these starting around the end of November, and or mid December, and carrying on through December, in this case, January. So notice that we have, we have two bullish lineups here for at&t. So we have Nov. 22nd to December, and then we pick back up on 1213. Into Jan seven with one bullish idea in T Mobile and the other in Verizon got a lot of good data here. 80 85% Plus win rates over at least five years a daddy see 711, eight and 15 respectively. Average hold time here is around two to three, three and a half weeks. Okay, so now which one do we look out or which one we do we decide to trade, it probably doesn’t make sense to go along all of these at the same time, simply due to the correlation. So we take a look at Verizon, looking at doing just a simple top down approach. We have a monthly, weekly and daily. And you can see some areas that I identified here off of each of these timeframes. So looking over here, on the monthly, we are now trading back into an area that has been respected. In fact, it would be a second touch since we came back in touch in March of last year, but we are coming back into this area again. So we do want to take notice this same area right here is also reflected down here on the weekly over on the daily, you see we have a nice pretty smooth trendline that we are respecting couple of days to the upside as of this recording, the s&p indices are pushing down. So we are watching a 123. So we’re not quite down into the longer period time structure on this. So we’ll move on to the next one, which is at&t. Here on at&t. st same scenario, you see that we are coming down and touching or trading into this longer term support structure here on the monthly that’s also occurring on the weekly it now we’re getting a trend line break coupled with a bullish divergence bicycle. So we want to see if we can get back above this this trend line or actually maintain above this trend line. So we’ll see how we close the day, it’s not uncommon for the market to push up, come back and retest and then spring back to the upside. So the risk reward of this one is relatively low, we’d be looking to put stops down here below the swing low with first targets up here at 26. Half. Now let’s look at our last one here, which is T Mobile T and U S. This one, we’re basically getting a first touch off of the weekly structure. Why is this structure because this is the area that causes us to push up and out into new highs, we came back did a small retest didn’t quite come back down all the way. But now you see, by moment our selling momentum is slowing down. We’ve come back up, we we try to push higher, and we’re coming back and getting that retest. So what I’d be looking for here on T Mobile is a couple of the trend lines. So we have the longer term trend line and then the shorter term trend line, we can get a push back up, I’d be looking to take along with first targets at 123 Half risk is going to be down here below these swing lows around 110. So out of these three, I like T Mobile and T probably like T the best right now, followed by T Mobile and then for Ryzen. So watch and see how these play out. [/et_pb_text][/et_pb_column][/et_pb_row][/et_pb_section]

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