GlennTrading

This Beaten Up Stock Just Rebounding

Long
NYSE:T   AT&T Inc.
AT&T or T maybe beaten up and have slashed their dividend but, it's showing a nice 222 bullish continuation soldier pattern according to the STRAT.

It has earnings coming out this week and is testing the 5 day MA and headed back to the 12 day MA.

RSI is oversold at 33.59.

This one could easily continue its bullish trend.

I placed my targets in the red lines and the white line while my stop loss is the green line.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.