AT & T Inc. Stock Code T.NYS
Outlook
Price tested the cloud and was able to hold above the cloud, keeping the uptrend intact. In the previous trading session, we saw a strong candlestick that almost triggered a bullish Morning Doji Star candlestick price pattern, which is a bullish price trend signal. Conversion and Base lines have a bullish crossover, hinting at a bullish price trend. Lagging Span is above price of 26 days ago but is inside the cloud. MACD remains bullish with both its lines above the zero line. We think price is likely to move higher to the next price resistance at $28.59 in the next 2-3 weeks.
Strategy
$25.20 Buy
$28.55 Price Target
$23.20 Risk Management Stop
3 weeks Trade Duration
