Nickonomics

AT&T is topping ahead of earnings release

Short
NYSE:T   AT&T Inc.
A daily close below 34.40 would indicate that the Flat correction (A-B-C), which has unfolded since Dec 2014, is over. There is a short-term reversal pattern that supports the case. Another possibility in the short term is that we could have 5 waves down already completed, than there should follow a move up to 35.30 area, and, finally, the sell-off.

AT&T is scheduled to report earnings tomorrow after market close. The forecast EPS stands at $0.63 per share vs $0.62 year ago.

Telegram: t.me/NixTrading
Service: NixService.net
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.