T - taking somewhat of a breather today. Tomorrow is Ex-Div ($0.52).
My thoughts,...
1. I think today we Close somewhere around $26.20 to $26.32.
2. Tomorrow we flash correct dividend or part of it, down to $25.83.
3. There's a gap from 2 days ago $25.94 down to $25.88.
4. The flash dividend correction fills the gap and it steady accelerates to $27 and hits the mark next week.
5. After $27, heading to $28 will be slow.
6. $28 to $29 - faster than $27 to $28.
7. Should have tail winds from analysts upgrades through the month.
8. Head winds will be mid-Feb to March bearish seasonality.
9. There is an outside chance of condensing everything and heading to $30 before the end of Jan if Earnings(Jan 26th) present pleasant surprises and positive forward guidance. (and dang it, they might do it)
10. My 52 week high estimate is $38
10. My outside the range 52 week high estimate is $45
11. My way outside the range 52 week high estimate is $52
12. Current Fair Value for T is estimated at $97.73/share
13. The Warner Bros./Discovery deal....I am wildly bullish about....wildly....whether they get taken over or not. I'll likely take as many shares as possible if that's an option T leadership provides or hold shares they allot, all yet to be determined by AT&T & Discovery. If the WB/D NewCo makes it 2 years on their own without being acquired, I think that would be a miracle. I believe Apple or Disney will acquire WB/D Newco. For Apple or Disney, either could write a check for the total and not blink.