Mister T!

AT&T (T:NYSE) is approaching it’s breakout line of the BIG 4 year consolidation rectangle. A monthly candle close above 38 gives me a target of 43, which also coincides with the 10-year high. Check out the 10 year monthly candle chart below.


More of the same on the 5 year weekly candle chart.


A final zoom in on the 1 year daily candle chart. Price action is working it’s way to that important resistance at 38.


My alerts are set. Let’s see if we get that bullish breakout to those previous highs!

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

This material is provided for informational purposes only, as of the date hereof, and is subject to change without notice. This material may not be suitable for all investors and is not intended to be an offer, or the solicitation of any offer, to buy or sell any securities.