NYSE:CTL
CenturyLink is down at the moment, but the stock is very oversold also. The stock is still paying a 14% dividend at the moment, so it is a good investment for passive income.
Stock has a Beta value of .86, which means it isn't as volatile as the market.
Look for the stock to start auctioning back at the $24 mark. If the trend grows in strength, we could be looking at a valuation of $32. Volume will be a good indicator once we reach the expected resistance area.
CenturyLink is down at the moment, but the stock is very oversold also. The stock is still paying a 14% dividend at the moment, so it is a good investment for passive income.
Stock has a Beta value of .86, which means it isn't as volatile as the market.
Look for the stock to start auctioning back at the $24 mark. If the trend grows in strength, we could be looking at a valuation of $32. Volume will be a good indicator once we reach the expected resistance area.