So, what's going on with at t, what's going on team, it's ricky with tackle solutions and that's a question that one of our lpp members asked this morning, george cruz, with the just great question: how many of you guys noticed that att just took a huge dip Today, right and the question might be like why uh the reason that i'm talking about this is we go on the four hour time frame you can zoom on out and see that 18t was just at 180 day highs. It was at highs of nearly 34. and it has recently pulled on back. I know that you guys love when i talk about stocks that are recently oversold, like we've said before, just because they've sold off and just because they're oversold does not make them a good buy right now.

Why? Because they can continue to sell off and please make sure that you take that into consideration before aggressively buying the dip. But i did want to share my plan with you guys today. You guys know that i love being uh being able to take advantage of decent deals in a very tasteful way. So why is att or ticker symbol t selling off today? Well, there was a report that a t is going to be cutting off dividends and it's an effort to clean off, uh and kind of get back to the basics is what you know based off of the number of articles that i've read uh.

Please do your own and and further analysis on att yourself as well uh, but pretty much. They are trying to clean up their balance sheet and in a way in doing so. They think that this is better for the longevity of the company uh. They also set up a new partnership with discovery, an effort to try to compete with like netflix and disney uh, but to utilize all that capital and how they're going to be able to like clean up their balance sheet.

Um is like being able to cut out their dividends or cut their dividends in half, so make sure you look a little bit more into it. Obviously, a lot of long-term investors 18-d was a very popular stock and again i'm sorry for using the term but for boomers, right, um and because it had such a high paying dividend right, but now as they're cutting it in half and ultimately just really removing it. Um, you know now, it kind of is is a it brings up. The question of like is this something that you know without that dividend: incentive something that people still want to hold on to uh and that's a question for you to answer right, depending on your intention, depending on your criteria.

Uh, it's up to you. If this is something that you personally want to partake in, but one of the things that i find very attractive about att is i shared my little game plan with the people that are part of lpp. The ticker symbols t support 28 resistance, 33 desired entry at an average of 30 50 and exit of 32.50, stop loss or reduce position at 27.50 and why it has potential. Let's just keep it real because buying the dip after bad news and the risk to reward ratio.

So if we go on over here to our drawing to and from where it's at right now to the overall upside, you can see that it has nearly 15 potential for profit in comparison to what it has for downside. Obviously much less like we've said before. As of right now, it is still selling off. This is very recent news right, so it wouldn't really be much of a surprise that if not only the market continues to sell off, but if this news gets even worse uh, it could only drive the selling pressure uh even further south right for att.

I just thought i would talk about it as it's: a blue chip stock, it's a quality company, it's unfortunate news for current investors, but for people like you and i that are not already invested in atm t or ticker symbol t, and that view this to be A decent deal, then again because it's been so bullish and because it's been performing so well. This provides us with a decent opportunity for those that you know see it as that, and i just thought i'd talk about it. My game plan uh, which is what a lot of our lvp members were asking, is it's all about position size right at least right now, because we don't know if 18t is going to continue to sell off. So how is it that i'm going to approach att? It's going to be very similar to my other.

You know, positions that you know: i'm not trading lower cap stocks, uh, i'm really trying to put my money in, and companies that i see value in and that i view to be decent deals right. These are a lot of the companies and the current value of those specific companies that i'm currently invested in. You can see that they range anywhere from nearly 900 000. I actually sold 100 shares of um.

What's it called uh tesla today uh, so i still hold 1500 shares and i plan to you know, add more once it continues to indicate sign of an uptrend, but right now um, you know tesla isn't performing too bad. It's at 590. A share. It's up.

2.4. I just know tesla's bound to pull back a little bit um and i want to have enough buying power right. But when it comes down to stocks like netflix, uh, pinterest and twitter, i'm invested with 20. And what does that mean? Ricky? You have twenty thousand dollars, or eighteen thousand seventeen thousand nineteen thousand.

What does that mean? Well, i plan to invest a total of a hundred thousand dollars into each one of these companies at t. It's potentially one of those new companies, but instead of going in at a hundred thousand dollars all in right now buying the dip, aggressive and hoping for the best right. What am i gon na? Do i'm gon na buy in with 10 000 at the current price point we're at right now right around 29, and the reason in doing so is if it continues to sell off. My dollar amount invested is so my new that i won't hesitate to manage my risk, reduce position or ultimately cut losses right and the dollar amount at risk is much less, especially as we don't have confirmation of a reversal, but if at t begins to indicate signs Of an uptrend i'll begin to load up on it once it actually begins to indicate signs of a recovery.

Then, of course right. It's like we all know it's much easier to make money in the market when the direction is in your favor. That's all i want. I want the direction to be in my favor and with more confidence and more clear direction.

I'd be more happy to invest or more heavily, invest into a t, that's simple! So in retrospect right i have a hundred thousand dollars that i plan to invest in uh when it comes down to at t. If you have ten thousand dollars or if you have a thousand dollars in your investment account right. It's all relative in the sense of if it's a thousand dollars that you have then a ten percent position size would be a hundred dollars put yourself in a position to succeed and that's for any stock. It is that you see valid how many times you know you can answer this question yourself.

How many times have you bought the dip on something, and you wish looking back, you would have just waited a little bit or, if you would have just bought less of it because it continued to sell off. You would have been less emotional as it sold off right. You put yourself in a position in which you can tolerate. Don't take an aggressive position if you can't tolerate a pullback don't buy in early.

If you can't tolerate a pullback, don't buy at all right before confirmation, if you can't tolerate a pullback that simple right, so i'm excited to follow up with tesla. One of the things that i did want to share with you is yeah. Tesla is trying to find a support right around 570 560. A share, as you can see, based off previous support levels.

Tesla has so much to prove. I don't even really want to talk about this one too much right now. It needs to break above 600. I want to see a break above sma and we'll follow up with it then right.

What i want to talk about is how many of you guys have been paying attention to the nasdaq market right and if you go on over here and it's ix ic, you can look a little bit closer and see that right now we are at a critical Point we're at the sma line what used to act as a support level. This estimate line is now acting as a potential resistance level. It's very simple, so we might get rejected here or we might break above. It is at a critical point where, if we begin to see that it begins to break above sma line, that's a step in the right direction and that's exciting.

That's when i will take an additional 10 and invest in the different companies that i'm currently invested in. As that's a step in the right direction, but if we get rejected, you know we got to be prepared and we got to be prepared for potential pullback. I'm probably going to leave all my positions the same, except for my tesla position and i'll reduce it. A little bit just so, i have enough buying power at the lower levels to be able to take advantage of those good deals.

So i just wanted to update you guys on my current positions. Um, you know today is a great day. Yesterday, i updated you guys on my red day right. I trade with a dollar amount, that's a little bit greater than the average person uh.

So yesterday i was down at one point over twenty thousand dollars. If you guys follow me on instagram, i ended the day at like sixteen thousand dollars of a loss uh, but again these are positions that i'm holding. I just like updating you guys on the day today, so you know that you're not alone on both your green days and your red days today is obviously an amazing recovery up 27 thousand dollars. This is very similar to my day on friday, when i was up over 25 000.

So all i ever want to encourage you to do is to only put yourself in a position in which you can tolerate and as well as never be afraid to lock in those profits right when the time is right. So i really do appreciate you guys time continue working hard, continue following dreams. Let your passion be a job for success, don't forget to say, subscribe to the youtube channel. I upload new videos every single day and, if you're wanting to stay connected, we do have a free facebook group with over 312 000 members and that's that first link in the description.

If you want to watch me, trade live as soon as tomorrow. That's that second link in the description and we'll see you tomorrow at market open for our live training session. Until then, like always, let's make sure that we, in the year on our green now take a dizzy team.