AT&T Inc.: wave analysis

Apr 17, 2026, 6:56:15 AM

The probability of growth remains.

On the daily chart, the upward development of the first wave 1 of higher-degree wave C is continuing, within which the corrective wave iv of the lower-degree wave 1 has been completed. On the four-hour timeframe, wave v of wave 1 has been completed, within which wave (i) of v has been observed, while corrective development is currently unfolding as wave (ii) of v. If this scenario proves correct, the asset’s upward trend is expected to continue toward the 32.00–35.00 zone, with a critical stop loss at 24.90.

 

Main scenario

Long positions should be opened above the level of 24.90 with the targets at 32.00–35.00. Implementation period: 7 days or more.

Alternative scenario

The breakdown and consolidation of the price below the level of 24.90 will allow the trading instrument to continue its downward trend to the 23.00–21.35 area.

Scenario

Time frame	Weekly
Recommendations	BUY
Entry Point	26.39
Take Profit	32.00, 35.00
Stop Loss	24.90
Support levels	21.35, 23.00, 24.90, 32.00, 35.00

Alternative scenario

Recommendations	SELL STOP
Entry Point	24.85
Take Profit	23.00, 21.35
Stop Loss	25.45
Stop Loss	21.35, 23.00, 24.90, 32.00, 35.00