AT&T amid negative outlook - Analysis - 12-12-2018

Economies.com
2018-12-12 12:13PM UTC

AT&T's stock kept falling in the last session amid the dominance of the main downward trend in the medium and short terms, with negative signals from the RSI, recording a final loss of 0.70%, or 0.21 points, amid negative pressure from the 50-day SMA. 

 

Therefore we expect more losses for the stock, as long as the resistance of 31.48 holds on, targeting the support of 28.85. 

 

Expected trend for today: Bearish 

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