AT&T (NYSE: T): 25 October 2018, Thursday, 5.40pm Singapore Time

AT&T (NYSE: T):

25 October 2018, Thursday, 5.40pm Singapore Time

(Click on Technical Chart above to Expand)

If one is finding something to short to hedge against one's portfolio of longs, AT&T has highly vicious and highly malicious sell volume in Wall Street yesterday. This is a stock which will be driven down regardless of broad market and broad index direction. Congratulations to those who shorted at above $32.00 in accordance to my previous AT&T analysis as a hedge for portfolio of investments.

Previous AT&T Analyses:
https://donovan-ang.blogspot.com/search/label/AT%26T

Donovan Norfolk Ang

Funds Flow of AT&T (NYSE: T): 15 June 2018, Friday, 4.38pm Singapore Time

Funds Flow of AT&T (NYSE: T): 

15 June 2018, Friday, 4.38pm Singapore Time

(Click on FFA Chart above to Expand)

Attached is the Very Long Term Funds Flow of AT&T that is listed in the US Market (NYSE: T). The 2 orange circled regions show why the breakouts were for chalking up of shorts and not for buying, because AT&T was already a funds outflow/sellers' market. Breakouts would fail (fake breaks) and resumption in breakdowns would take over because it is a sellers' and short-sellers' market for AT&T (funds flow outflow market). True enough, smart money shorts in Wall Street took over, as illustrated by the 2 red circled regions. AT&T is one of the most funds outflow stock now before price actions will take over to plunge it to historic low of the entire chart's time frame. $20-$22 support is destined to break down in current cyclic wave.

Donovan Norfolk Ang