About to break - up or down?
The thing about AT&T is that the technical analysis alone doesn't paint the full picture. AT&T is on the fed's balance sheet. It cannot lose, so basically it's just on sale right now, and a perfect opportunity to buy. I'm predicting a breakout. Afterall, if it breaks down, it gets propped up. There's never been a time like this - the normal rules don't apply.
The thing about AT&T is that the technical analysis alone doesn't paint the full picture. AT&T is on the fed's balance sheet. It cannot lose, so basically it's just on sale right now, and a perfect opportunity to buy. I'm predicting a breakout. Afterall, if it breaks down, it gets propped up. There's never been a time like this - the normal rules don't apply.