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AT&T Inc., Elliot Wave Analysis

11/18/2022 10:46 AM

Growth is possible.

On the daily chart, the downward wave of the higher level B developed, within which the wave (C) of B formed, and the development of the upward wave C started. Now, the entry wave of the lower level (i) of i is forming, within which the wave i of (i) has formed. If the assumption is correct, after the correction ii of (i) the asset will grow to the area of 21.36–23.56. In this scenario, critical stop loss level is 16.42.



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