AT&T Inc.Short
AT&T Wave Analysis – 31 January 2025
- AT&T reversed from long-term resistance level 25.00
- Likely to fall to support level 23.00.
AT&T is under the bearish pressure after the price failed to break above the long-term resistance level 25.00 (which has been reversing the price from the start of 2020), standing above the upper weekly Bollinger Band.
The downward reversal from the resistance level 25.00 will likely form the weekly Shooting Star (strong sell signal for AT&T) – if the price closes this week near the current levels.
Given the strength of the resistance level 25.00, AT&T can be expected to fall to the next support level 23.00.
Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
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Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
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Alexander Kuptsikevich,
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
Chief Market Analyst at FxPro
----------
Follow our Telegram channel t.me/fxpro dedicated to providing insightful market analysis and expertise.
Reach out to media.comments@fxpro.com for PR and media inquiries
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.