See how the Double Bottom is playing out for T. View live chart.
Reversal pattern after a downtrend.
Market participants tracking AT&T should note the latest formation. The stock is trading at $25.62, up 0.04% on the day. The primary technical feature is a Double Bottom formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $29.14, targeting $33.33 with support near $27.04 (R:R 2.0).
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