AT&T may rise to 20.90 - 21.30

18.7 is our pivot point.

Our preference

The upside prevails as long as 18.7 is support.

Alternative scenario

Below 18.7, expect 18 and 17.6.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 19.102 and 18.6796).

Supports and resistances

21.8 **

21.3 *

20.9 **

20.4

19.43 (USD-last)

19

18.7 **

18 *

17.6 **

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