Categories: Technical analysis

AT&T Wave Analysis 27 April, 2021

• AT&T reversed from resistance level 31.80

• Likely to fall to support level 30.00

AT&T recently reversed down from the major resistance level 31.80 (top of the previous wave (2) from December) – standing well above the upper daily Bollinger Band.

The downward reversal from the resistance level 31.80 created the daily Japanese candlesticks reversal pattern Shooting Star. AT&T is likely to fall further toward the next support level 30.00. Strong resistance remains at the resistance level 31.80

The FxPro News Team

This team of professional journalists announces the most interesting and influential articles from the major financial media as a brief summary. All such news may have sufficient potential to affect the course of trading assets.

Share
Published by
The FxPro News Team

Recent Posts

The dollar does not tolerate dissent

US GDP growth is driven not by the White House, but by AI. The Bank…

10 hours ago

The crypto market has made a breakthrough

The crypto market surges, hitting new highs, with bullish sentiment for Bitcoin and Ethereum amid…

10 hours ago

Brent Crude oil Wave Analysis – 13 January 2026

Brent Crude oil ⬆️ Buy - Brent Crude oil rising inside impulse wave c -…

1 day ago

USDJPY Wave Analysis – 13 January 2026

USDJPY ⬆️ Buy - USDJPY broke resistance area - Likely to rise to resistance level…

1 day ago

Exxon Mobil Wave Analysis – 13 January 2026

Exxon Mobil ⬆️ Buy - Exxon Mobil broke resistance level 125.60 - Likely to rise…

1 day ago

BNB Wave Analysis – 13 January 2026

Brent Crude oil ⬆️ Buy - BNB broke out of sideways price range - Likely…

1 day ago

This website uses cookies