MishaSuvorov

AT&T moving lower on daily

Short
NYSE:T   AT&T Inc.
Bearish hammer followed by indecision candle cleared downward.

In the middle of downward channel on our way to resistance. Nothing in our way till the bottom of the channel.

Probably, continue deeper. Bearish hammer on weekly
Trade active:
Took 25% profit at MA 100, moved stop above first strong bearish candle, will run the rest and may the trend be with me.
Trade active:
Moved stop to $17.45 after local high pivot
Trade active:
Taking another 25% at MA100 same spot.
Trade active:
Retest gap closed, everything looks good to me.

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