I have been loosing share value daily on AT&T stocks:..
I have been loosing share value daily on AT&T stocks. What amount should I set a stop once I decide to sell my shares. Last month the shares were at $27.00, today it is $25.83. The stock value price on 02/15/2008 was $37.88..I need capital and I wanted to sell 1500 shares.
Answers
511 points
songcon answered one month ago …
By looking at the chart, T is in a good position for the short term due to the following indicators:
1/ I closed below the lower Bollinger Band a few days ago, it has turned around with a set back today due to some resistance at the 50-day moving average level, but it's likely that the moving upward will continue due to the positive position of the Slow Stochastic chart.
Please talk to a friend of yours who can read chart to see if the person agrees with my guessing, I'm also just a student of the stock market
