AT&T widens gains - Analysis - 16-07-2019

AT&T's stock rose for another session amid the dominance of the main upward trend in the medium term, with positive support from the 50-day SMA, while the RSI reached oversold levels, as the stock seeks a bottom to bolster it. 

Therefore we expect more gains for the stock, targeting the pivotal resistance at 34.28, as long as the support of 33.00 holds on. 

Expected trend for today: Bullish