AT&T attacks current resistance - Analysis - 22-03-2019

Economies.com
2019-03-22 13:02PM UTC

AT&T's stock returned higher with a 1.80% profit, tackling the important resistance of 31.16, while buoyed by exiting a descending price channel that guided recent short-term trading, while buoyed by positive pressure from the 50-day SMA, with positive signals from the RSI. 

 

Therefore we expect more gains for the stock, especially if the resistance of 31.16 was breached, targeting the resistance of 32.79. 

 

Expected trend for today: Bullish 

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