T is trading within a massive bullish pennant on the monthly chart.
Price recently found support at the bottom of the pennant structure & also at the horizontal demand zone.
On the 4 hour chart volume has increased and price is breaking out of an inverse head and shoulders pattern.
Potential Catalysts: - Dividends Early January (>7% annual yield) - Rumors that AT&T is closing deal to sell DirectTV - Warner Bros announced it will send all of its movies to HBO Max the same time they are released in theaters