Tuesday, June 3, 2008

AT - moving above possible resistance



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AT = 16.75 (+6.3%)

AT formed a white candle with higher high and higher low. Volume of 9.4M greatest since 15 November 2007.

AT was able to move above possible resistance of 16.5. Might test possible resistances at 16.75 and 17.25.

Price of AT above the 32MA.

AT still oversold based on the RSI at 77.8

MACD again poised to cross above the signal line, both above the zero line = Buy long

AT pushing the upper Bollinger Band.

AT hit the parabolic SAR which was serving as a level of resistance.

Good luck to all AT traders!
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