Altice USA Inc (ATUS) “On a long-term technical basis, the stock (ATUS) is trading above its 200-day moving average which generally implies it is in a positive trend.

The stock has support at 26.63 and 24.44. If the stock breaks down through support at 26.63 then it will probably continue lower to 24.44. The stock has resistance at 27.99 and at 29.94. If the stock breaks up through resistance at 27.99 then it will probably continue higher to 29.94. The 200-day moving average is at 25.74. This will also act as support. However, the stock has broken out of its long-term downtrend according to the fibonacci fan, which is significant. If the stock can form new support above 26.63 look for a rally to previous highs. The stock is extremely overbought according to the Stochastic Indicator (85.13).”