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Trading Idea for ATT Inc. (NYSE)

#T

The support level of 28.31 is holding back sellers. A bullish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals oversold conditions. A breakout of 28.91 will result in the formation of an ascending pattern of 1-2-3.

Trading idea:

Buy at breakout 28.91.

Stop Loss: 28.31.

Target levels: 29.67; 30.07; 31.24.

Author: GC
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