by Serge Berger | May 3, 2013 10:30 am
Even blue-chip stocks can look shaky from time to time.
Three prime examples right now: Hewlett-Packard (NYSE:HPQ), Procter & Gamble (NYSE:PG) and Pfizer (NYSE:PFE). Those Dow Jones Industrial Average components are sitting on dangerously thin technical support, and thus could be in risk of a quick slide if said support is broken. I recently discussed these three stocks and the areas to watch if you’d like to learn more about them.
However, another Dow component is sitting in a similar situation: AT&T (NYSE:T). The company suffered a big drop after earnings late last month and is also now on perilous footing, too. For my take on AT&T’s technical prospects, check out the video above.
For more videos — including exclusive access to full-length interviews and early access to weekly updates — like us on Facebook or follow us on Twitter.
Serge Berger is the head trader and investment strategist for The Steady Trader. Sign up for his free weekly newsletter here.
Source URL: http://investorplace.com/2013/05/video-another-dow-stock-on-shaky-ground/
Short URL: http://invstplc.com/1nCXprC
Copyright ©2016 InvestorPlace Media, LLC. All rights reserved. 700 Indian Springs Drive, Lancaster, PA 17601.