AT&T may rise to 18.70 - 19.00

17.1 is our pivot point.

Our preference

As long as 17.1 is support look for 18.7.

Alternative scenario

Below 17.1, expect 16.6 and 16.2.

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 trading under its 20 day moving average (17.7285) but above its 50 day moving average (17.1812).

Supports and resistances

19.3 **

19 *

18.7 **

18.4

17.64 (USD-last)

17.3

17.1 **

16.6 *

16.2 **

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