The price is in a correction, and the probability of growth remains.

On the daily chart, the construction of the upward wave of the higher degree C has begun, within which the upward first wave 1 of (1) of C and the correction as the second wave 2 of (1) of C have formed, and the third wave 3 of (1) of C is forming. Currently, the initiating first wave of the lower degree i of 3 is developing, wave (i) of i has formed, and the correction as wave (ii) of i is completing. If the assumption is true, after its completion, the shares of ATT Inc. could rise towards the 29.50–33.00 area. The critical stop loss level for this scenario is 22.60.