AT closed gap and testing resistance

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AT = 15 (3.4%)

AT managed to close the gap today and crossed and closed above the 65MA. Hopefully the 65MA would serve as a support level.

It seems to me that 15 is a psychological resistance for AT. Tomorrow we will know if 15 will be a resistance.

Another resistance is the 130MA then we can probably look at the psychological resistance at 16.75 (a recent high) as a possible target price for AT (assuming you bought AT today after breaking a possible resistance at 14.5)

Disclosure: I have some AT at 15.25 (before the credit crunch and the subprime issues)

Good luck to all AT traders!

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