UnknownUnicorn16739272

$T - one heck of a bearish candle

NYSE:T   AT&T Inc.
T had a fake breakout from this support turned resistance zone. I did not expect it to get murdered like this though. As a highly indebted company, it is easy to understand that rising rates will hurt them. Be careful not to just buy this for the dividend especially since they may cut it in the future.
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