AT&T Inc (T) – Telecom Giant Resurrected – June 9th, 2020
The bullish DailyPlay for Tuesday, June 9th is AT&T Inc (T). T has rallied 13.8% in the past month and 1M turned bullish on May 20th and 6M turned bullish on May 21st. T recently broke above its $32 resistance level last Friday with upside potential into the $36-37 resistance area.
- Recently launched streaming service which is expected to attract 50 million US subscribers by 2025.
- Growing demand for wireless and strategic services post COVID
- Earnings July 23rd (44 days)
- Recently broke above $32 resistance level
- 1M trend turned recently turned bullish
- Next major resistance level at $36