BBTrader29

T Round Up

Long
NYSE:T   AT&T Inc.
T has closed over its 50 day moving average on increasing volume. The 9,20 and 50 day moving averages are all converging underneath the price action as support for a round up towards resistance at the $39.75 level, for a 4.5% move. The price has rebased around support levels over the past several days and is showing bullish candlesticks to retest resistance.
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