AT & T Inc Forecast


AT & T Inc EOD Chart
AT & T Inc - Daily
AT & T Inc traded on the New York Stock Exchange has just undergone a trend reversal. Gann studies reveal that 6 trading days from the 17th of September 2012 and the 23rd of September 2012 were the reversal dates. A shift by one day and a confirmation on the following day with a close below the low on the 24th of September initiated a downtrend which is likely to continue for the next few days.
Further Gann studies tel us that the next reversal dates are 8, 11 and 21 trading days counted from the 24th of September 2012. In terms of calendar days they are the 2nd, 5th and 15th October 2012.
Wolfe wave patterns on the EOD charts depict that the stock has completed a pattern sometime back when it touched the 1 - 4 target line sometime back as shown in yellow on the diagram.
A bearish change is imminent from the Camarilla levels on the charts as well since AT & T has just reversed from the H5 resistance level as we can see from the charts. 


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