As mentioned before, T has been the lagger of the defensive sector .
It hit the 0.618 since 2008 @ 29.60 a few while ago, and formed a daily double bottom finally!
What's more, the entry of the 2618 will be at the 30.00 fig spot!
Accordingly, I will be very interesting in this trade!
Let's see how it goes!
T; we are bearish below 30.13. Very stable mover, as well as slow but a close below 30.13 today we should see 27.66 test... below this point I am concerned with 23.36 holding up... because T is such a stable mover if this point fails it would create panic.