AT&T - Another Crucial Resistance Test

Another crucial resistance test for AT&T, which has been trading sideways for weeks now.
Retraced to .786 off the high. If this breaks through resistance, possible buy zone in green rectangle
Pay attention to 50MA. If it crosses above 200MA, more support for the move
Extension 1.786 at $32 and change

Thoughts?
Fibonacci RetracementTrend Analysis

Penafian