AT&T has formed a symmetrical triangle, which will lead to a bullish breakout. The prior uptrend can be observed as being very bullish, which led to the peak at (1) and bearish reversal at (7) . Have also included a symmetrical triangle diagram for anyone interested in learning chart patterns.
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.