TECH Buy 18.03.2024 08:20
AT&T Inc.: technical analysis
Shares of AT&T Inc., one of the largest American telecommunications conglomerates, are trading at 17.00.
TECH Sell 08.03.2024 08:32
AT&T Inc.: wave analysis
The price is in a correction and a fall is possible.
On the daily chart, the downward wave of the higher level B ended, within which the wave (C) of B formed, and the upward wave C started. Now, the entry first wave of the lower level i of 1 has formed, and a local correction is developing as the second wave ii of 1, within which the wave (b) of ii is forming. If the assumption is correct, the price of the asset will fall within the wave (c) of ii to the area of 15.82–15.28. In this scenario, critical stop loss level is 18.10.