AT&T readies to tackle current resistance - Analysis - 16-08-2018

AT&T's stock rose after leaning on the support of the 50-day SMA, scoring a profit of 0.71% in the last session, or 0.23 points, and trespassing the main downward short-term trend line, while readying to tackle the important resistance of 32.80, as the stock also vented off overbought saturation in the RSI. 

Therefore we expect more gains for the stock, especially if the resistance of 32.80 was breached, targeting the next one at 34.15.