AT&T may rise to 20.60 - 21.10

Our pivot point stands at 18.3.

Our preference

As long as 18.3 is support look for 20.6.

Alternative scenario

Below 18.3, expect 17.6 and 17.1.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 18.973 and 18.5184).

Supports and resistances

21.5 **

21.1 *

20.6 **

20.2

19.19 (USD-last)

18.6

18.3 **

17.6 *

17.1 **

Number of asterisks represents the strength of support and resistance levels.