BBTrader29

T Breakout

Long
NYSE:T   AT&T Inc.
T has tested the $34.5 level multiple times and is now looking at a potential breakout. The next level of resistance is at the $36 level where the 200 moving average on the weekly chart also is residing. Looking for a 2:1 risk reward with the stop being right under the 20sma.
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.