The possibility of growth remains.

On the daily chart, the wave of the senior level B has completed and the development of the ascending wave C and the first wave 1 of C is underway. On the four-hour interval, the third wave of a lower level iii of 1 is formed, in which a local correction has ended as wave (iv) of iii and wave (v) of iii is developing. If the assumption is correct, the upward dynamics of the asset will continue in the area of 31.00–34.00. The level of 25.22 is critical and stop-loss for this scenario.

Shares of AT&T Inc., one of the largest American telecommunications conglomerates, are correcting at 28.00.