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Trading idea for AT&T Inc. (NYSE)

24.08.2021

Market Review

#T

A downward wave pattern is truncated. A bullish divergence has formed on  Awesome Oscillator. Stochastic Oscillator indicator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern.

Stop Loss under the local minimum.

Target levels: 28.60; 30.20.

Author: GC
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