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AT&T Inc (T) “On a long-term technical basis, the stock (T) is trading below its 200-day moving average which implies it is in a negative trend.
The stock has support at 26.06 and 24.76. If the stock breaks down through support at 26.06 then it will probably continue lower to 24.76. The stock has resistance at 31.28 and at 32.89. If the stock breaks up through resistance at 31.28 then it will probably continue higher to 32.89. The 200-day moving average is at 36.39. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (17.82).”
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