eltonmorningstar

AT&T driven lower by current resistance - Analysis

Long
NYSE:T   AT&T Inc.
AT&T's stock (T) declined in the intraday levels, after the resistance of 19.52, while the stock tested the downward short-term resistance line, amid attempts to gather momentum to recover anew, with positive support from the 50-day SMA, coupled with positive signals from the RSI.

Therefore I expect the stock to return higher, targeting the resistance of 19.52 anew.
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