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.

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

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

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

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