Medium term view - AT & T : The major support has been reached.
The trend is still bullish, though slower. The invalidation level is below $35.00.The target is at $45.80.Arguments :
- The major support has been reached.
- The resistance has been reached, it causes the fall.
- Prices are breaking below the moving average, it is a sign of...
AT&T is a holding company. Through its subsidiaries, the company is a provider of telecommunications, media and technology services. The company's Communications segment provides wireless and wireline telecom, video and broadband services. The company's WarnerMedia segment includes media and entertainment businesses that principally develop, produce and distribute feature films, television content, and other content globally; and operate digital media properties. The company's Latin America segment provides entertainment services in Latin America and wireless services in Mexico. The company's XANDR segment relies on using data from its customer relationships, to develop digital and video advertising that is relevant to consumers.
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