ATT (T) stock advanced in its latest intraday trading, rising to test the key resistance level of 29.00. Positive pressure continues from trading above its previous 50-day SMA, while the medium-term main bullish trend remains in control, with movements along a minor upward slope line on the short term that supports this path. In addition, positive signals have begun to appear in the Stochastic indicators after previously reaching extremely oversold levels.

Therefore, we expect the stock to rise in its upcoming trading, especially if it confirms a break above the mentioned resistance of 29.00, to then target its next resistance at 31.45.

Todays price forecast: Bullish.