See how the Bullish Flag is playing out for T. View live chart.
Bullish continuation if preceding move was up.
Consolidation. Can break either way.
Bullish continuation pattern.
Reversal pattern. Price likely to break downwards.
Sideways movement between parallel supports.
Traders are watching AT&T (T) as price action tightens. With a last close of $28.33, volatility remains active (0.07%). Algorithmically, a Bullish Flag structure has completed. The trend indicator is reading 16.9/100, suggesting moderate momentum. A potential breakout level is identified at $29.44, targeting $35.93 with support near $27.99 (R:R 4.48).
What is your outlook on T?