We are posting this entire AT&T (T) analysis in a free forum because we found the stock to be rather uninspiring going forward. Having said that, if you would like to see our other MegaCap stocks and their precise Time/Price projections, please Click Here
AT&T (T)
Date Of Analysis: December 19th, 2023
Our mathematical and timing analysis for AT&T (T) shows the following…..
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- Our software has identified recent bottoms in October of 2022 and July of 2023 as major cycle bottoms. A double bottom formation of sorts.
- The stock is now moving into its major cycle top scheduled for July of 2024.
- Our upcoming price projection for this upcoming top is around $43 (+/- $2).
- Once the top is put in place AT&T should decline into its next mid-cycle bottom.
In summary, AT&T offers very little in terms of a good trading opportunity at this time. Further, we found a number of interference patterns that render this stock a bit “unclear”. And while the stock is scheduled to rally, we would wait for the top to arrive before making any commitments.
