Possible trade entry on a break from current consolidation phase, $39 is a definitive break level.
Indicators are bullish and have plenty of upside potential
Elliot Management's $3.2 billion stake in T has created somewhat of a frenzy and in particular the very bullish outlook and restructuring plans which they have identified.
Investors seemingly are glad to jump on board with the plans, which they see could boost the share price by 65%.
P/E ratio 16.16 very reasonable, and holds further value.