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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 37.96 and 35.33. If the stock breaks down through support at 37.96 then it will probably continue lower to 35.33. The stock will meet resistance at 38.59 and 44.66. If the stock breaks up through resistance at 38.59 then it will probably continue higher to 44.66. The 200-day moving average is at 35.17. This will also act as support. The stock is neutral according to the Stochastic Indicator (52.14).”
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