


CaseySprenger
The deeper AT&T goes into the triangle the more it seems that a major price change will occur. Place on your watchlist.
Stock opened today and is already forming strong short term patterns.
T seems to have broken out of it's down trend after hitting a longstanding support of 32. Look for it to start climbing back up. It's resistance in the past months has been consistently at around 39-40 so for a longer-term purchase at around 25% gains, T looks like it's going to start heading that direction again.
At 5.61 Papa Murphy's seems to seriously be testing that resistance line. Expect heavy movement as triangle narrows down.
There's quite a distinct symmetrical triangle forming and as the tension grows, who knows how big it'll be with the candles very hesitant to stretch the boundaries. Keep a close eye on this stock and get ready to purchase or sell quickly.