vlad.adrian
Short

AT&T - Short withing a range

NYSE:T   AT&T INC
60 0 5
Ranges are probably the easiest to trade, you have a ceiling and a floor all you have to do is go long or short around them. Oscillators can be a big help, take for example the Force Index , which when it got out of its bands, it predicted with high accuracy a move in the opposite direction.

I outlined two trades on the chart, along with my explanations.

On the daily chart there is a minor H&S which got its neckline broken, so two time frames align.
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