AT&T's stock (T) skidded amid the dominance of the main downward medium-term trend, while hurt by piercing the upward correctional trend line, with negative pressure from the 50-day SMA, and negative signals from the RSI, marking a loss of 1.91%, or 35 cents, and settling at 18.00. 

Therefore we expect more losses for the stock, targeting the first support at 17.78, provided the resistance of 18.87 holds on.

Open Live Trading Account

Expected trend for today: Bearish