The chart included here is an index measuring the summation of price action of stocks within the Fixed Line Telecommunications Industry.
Since mid 2024, stocks like Verizon (Ticker: VZ) and AT&T (Ticker: T) within this industry have been out-performers. At the moment, the industry is in need of a period of consolidation.
The likely scenario according to the EquiPredict Blue Wave forecast is a resumption of bullish bias starting in early June and lasting until early August.
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