Friday Great Value Trade (T)

plus, a big bank bounce

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JUNE 21, 2024       SCOTT WELSH’S TICKER TALES Friday Great Value Trade (T) AT&T was a top-notch dividend stock from a big-name company that everyone recognized.  It was a fan favorite. And then it cut its dividend — and the fair-weather fans bolted. They bolted so much, in fact, that T became a value stock. It fell all the way down to its lower Bollinger Band­™ level and looked like it may never come back. More competition, less dividend, no way out. Here’s the chart:   It breached the lower Band in 2022 and did it again in the fall of 2023. What happened then? Traders got over their anger of the cut dividend and sent it soaring.  A buy below the Band in July 2023 around $14.50 saw everything turn around. Eventually T hit “fair value” at $18.40 for a big gain. And traders would’ve paid a large dividend all along the way.  Happy trading, — Scott Welsh P.S. As a reminder, these plays are based on my longer-term Weinstein Stage Analysis method. The charts above use weekly candles and a 30 week simple moving average. For details on this method, see my explanation on this Ask The Pros episode starting at timestamp 20:45.   [BREAKING] Wall Street Cash Floods Into THIS Stock Jack Carter’s proprietary options scanner has just spotted a HUGE flood of Wall Street cash… It’s all flooding into ONE key stock that he calls “NVDA’s Baby Brother”! And this stock could soon soar! Click here to get the stock — plus how Jack plans to capitalize on this unique opportunity! SCOTT WELSH’S TICKER TALES A Big Bank Bounce? (UBS) Breakout traders love it when a stock is showing positive momentum and then pulls back slightly. In the trading world, this is called the cup with handle pattern and this usually means the stock has a chance to explode if it moves to new highs. And we’re seeing that type of action in UBS (UBS GroupP right now.  Here’s the chart:   Not only has this stock been hot for several weeks, banking has been one of the hottest 50 groups in the world lately. If it breaks above $31.95, we could see a big move. We’ll keep an eye on it. Happy trading, — Scott Welsh P.S. As a reminder, these plays are based on my longer-term Weinstein Stage Analysis method. The charts above use weekly candles and a 30 week simple moving average. For details on this method, see my explanation on this Ask The Pros episode starting at timestamp 20:45.

JUNE 21, 2024 SCOTT WELSH’S TICKER TALES Friday Great Value Trade (T) AT&T was a top-notch dividend stock from a big-name company that everyone recognized.    It was a fan favorite.   And then it cut its dividend — and the fair-weather fans bolted.   They bolted so much, in fact, that T became a value stock.   It fell all the way down to its lower Bollinger Band­™ level and looked like it may never come back.   More competition, less dividend, no way out.   Here’s the chart:   It breached the lower Band in 2022 and did it again in the fall of 2023.   What happened then?   Traders got over their anger of the cut dividend and sent it soaring.    A buy below the Band in July 2023 around $14.50 saw everything turn around. Eventually T hit “fair value” at $18.40 for a big gain.   And traders would’ve paid a large dividend all along the way.    Happy trading, — Scott Welsh   P.S. As a reminder, these plays are based on my longer-term Weinstein Stage Analysis method. The charts above use weekly candles and a 30 week simple moving average. For details on this method, see my explanation on this Ask The Pros episode starting at timestamp 20:45.   [BREAKING] Wall Street Cash Floods Into THIS Stock   Jack Carter’s proprietary options scanner has just spotted a HUGE flood of Wall Street cash…   It’s all flooding into ONE key stock that he calls “NVDA’s Baby Brother”!   And this stock could soon soar!   Click here to get the stock — plus how Jack plans to capitalize on this unique opportunity! SCOTT WELSH’S TICKER TALES A Big Bank Bounce? (UBS) Breakout traders love it when a stock is showing positive momentum and then pulls back slightly.   In the trading world, this is called the cup with handle pattern and this usually means the stock has a chance to explode if it moves to new highs.   And we’re seeing that type of action in UBS (UBS GroupP right now.    Here’s the chart:   Not only has this stock been hot for several weeks, banking has been one of the hottest 50 groups in the world lately.   If it breaks above $31.95, we could see a big move.   We’ll keep an eye on it.   Happy trading, — Scott Welsh   P.S. As a reminder, these plays are based on my longer-term Weinstein Stage Analysis method. The charts above use weekly candles and a 30 week simple moving average. For details on this method, see my explanation on this Ask The Pros episode starting at timestamp 20:45.

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions. Unsubscribe This email was sent to phanxuanhoa60.trade1357@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions.   Unsubscribe This email was sent to phanxuanhoa60.trade1357@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub