Introduction:
In the AT&T stock chart, I observed a tendency to break out of a long-standing downtrend. While there are rising trends within the downtrend, it may not be reasonable to expect potential gains unless the downtrend is broken. In the event of a breakout of the downtrend, we may anticipate movements towards the points indicated by the black horizontal lines on the chart. Additionally, if the rising channels in the area marked by blue dashed lines on the graph are broken, sharp rises in the stock may be expected.
Risk Warning:
This analysis does not contain investment advice and is based solely on personal opinions. Investors should conduct their own research and consider their risks.
In the AT&T stock chart, I observed a tendency to break out of a long-standing downtrend. While there are rising trends within the downtrend, it may not be reasonable to expect potential gains unless the downtrend is broken. In the event of a breakout of the downtrend, we may anticipate movements towards the points indicated by the black horizontal lines on the chart. Additionally, if the rising channels in the area marked by blue dashed lines on the graph are broken, sharp rises in the stock may be expected.
Risk Warning:
This analysis does not contain investment advice and is based solely on personal opinions. Investors should conduct their own research and consider their risks.