AT&T returns higher - Analysis - 21-09-2018

AT&T's stock returned higher in the intraday levels after attempts to vent off overbought saturation in the RSI, scoring a profit of 0.21% in the last session, or 0.07 points, while buoyed by a positive pattern that formed in the short term, the Falling Wedge pattern, with positive support from the 50-day SMA. 

Therefore we expect more gains for the stock, targeting the resistance of 34.53, as long as the support of 32.80 holds on. 

Expected trend for today: Bullish