Replies to post #2185 on Boca_Bobby Basics

[boca_bobby]

Another strong move for T. We're up about 16% on our trade from yesterday. All the indicators are showing strength right now. The market as a whole is feeling good.

But we are right at "Resistance Hurdle" pointed out in the chart. I'd also like to see volume pour into the stock. Tomorrow being a Friday will be a key day for us. It may set us up for a powerful move next week.

Stay tuned......

[boca_bobby]

T UPDATE:

I feel T is going to really show some strength here. If you look back at the chart, you can see how I called out the "resistance hurdle." I think today's action did a lot to break down this barrier. We should see that $29 price tag tomorrow, I hope.....

[boca_bobby]

T UPDATE (2):

T continues to slowly melt up. At this rate the $29 price tag should occur early next week. It is at that point we either break out towards new 52 week highs or retrace to test for a new support level. I like our chances to the upside so I tripled my holdings this morning. I bought more of the JAN $29/CALLS @ $0.32.

My average is now around $0.30. Let's roll....

[AAsBrother]

nice move on T today

[AAsBrother]

what your thoughts on T now. I bought a small position of T Jan. 29 CALL last week after I sold again. Im in at .40. Looks to me it is about to go up some more and break the 52 week high