Hey guys and gals it's been a long time since I have posted an idea but I have one where the risk to reward is quite appealing, AT&T is in such a nice triangle pattern since its inception and is playing out very nicely and getting quite tight in price. On the monthly chart we see a baby triangle inside a huge triangle, what this means is we are in the loading up stage, at this exact specific time on smaller time frames we are hitting resistances and have some red candles coming in, to me this means perfect opportunity to pick up some shares as it moves downwards in the $26.50-31 range, little by little add shares on dips. This is also a nice 7% paying dividend stock so for each quarter you will be paid to hold this stock. Target for this stock would be at $38 and then $43 if it breaks out, with such a huge pattern, the breakout can be very strong, remember this stock is in a triangle pattern so it can move downwards as well, stops would be under $26 and the move can be epic to the downside as well, so keep an eye on this sucker but I'll be loading up in my dividend portfolio. This $10+ move to the upside can take a year or more to complete so the dividend will be a nice reward for holding that long. Have a great weekend everyone, Cheers!