03.03.2015 - We are waiting growth of stocks of AT&T soon

The price of shares of AT&T continues to rise gradually in the context of the local rising channel. According to our estimates, quotations in the near future will continue to rise with the first target at 35.00, which is a local maximum, after which will probably reach a sloping resistance line. Sell signal will be breaking through the bottom of the channel and consolidation below 33.50. We expect a price drop in the medium term, but growth in the near future.

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