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AT&T Inc (T) “On a long-term technical basis, the stock (T) is trading above its 200-day moving average which implies it is in a positive trend.
The stock has support at 38.75 and 36.74. If the stock breaks down through support at 38.75 then it will probably continue lower to 36.74. The stock will meet resistance at 39.43 and 44.66. If the stock breaks up through resistance at 39.43 then it will probably continue higher to 44.66. The 200-day moving average is at 35.07. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (81.72).”
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