- AT&T Inc has been showing good upward momentum for the past two weeks.
- The stock has performed well last week along with the major indices.
- In the weekly chart the stock has closed by hitting an important resistance line. There is a rising support line too. So next week the stock should breakout from the apex of this pattern and give good direction towards the breakout side.
- Breakout should close above the resistance line towards the high of the day for indicating strength.
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