Last week AT&T shares went down under the 19 level for the first time since April. As in April, the shares did not stay below this level for a long time - market participants are actively interested in such buying prices.
As a result, the preconditions for the rise of AT&T were formed: the RSI has reached the oversold zone and is reversing upward, and the "hammer" on the graph was confirmed. The nearest growth target is the 20.3 level.
This content is for informational purposes only and is not intended to be investing advice.