FLY AWAY AT&T

9 May 2015

The weekly charts suggest a breakout for AT&T is in the offing. When we scroll down to the 15 min charts, the evidence that the five wave to the upside(the beginning wave 1 of the upside) and the three wave correction(wave c = 1.318*wave a) appears complete. If we see any positive bounceback at the support levels indicated by the boxes, be positive enough to take longs with tight stops.

Happy trading.