AT&T may rise to 19.20 - 19.50

Our pivot point is at 17.6.

Our preference

The upside prevails as long as 17.6 is support.

Alternative scenario

Below 17.6, expect 17 and 16.7.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 17.6145 and 17.1644).

Supports and resistances

19.8 **

19.5 *

19.2 **

18.9

18.1 (USD-last)

17.8

17.6 **

17 *

16.7 **

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