TECH Sell 08.08.2025 08:30
AT&T Inc.: wave analysis
A fall is possible.
On the daily chart, the upward wave C forms, within which the first entry wave 1 of C ended, and the downward correctional second wave 2 of C started. On the four-hour chart, the wave а of 2 is developing, the first entry wave of the lowest level (i) of a and the correctional second wave (ii) of a have ended, and the wave (iii) of a has staerted. If the assumption is correct, the price of the asset will fall to the area of 23.15–21.15. In this scenario, the critical stop loss level is 29.10.
Indicators
Overall recommendation Sell
Overall recommendation Sell
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy
Overall recommendation Buy