Ericsson — Multi-Year Channel in Focus — Next Bullish Leg?Telefonaktiebolaget LM Ericsson Sponsored ADR Class BBATS:ERICRayannsrFor those seeking long-term investment opportunities, Ericsson may be a stock worth watching. Founded in 1876, Ericsson is one of the oldest telecommunications technology companies in the world and has played an important role in the development of mobile network infrastructure across multiple generations of connectivity — from early telecom systems to today’s global 5G deployment. From a technical perspective, the chart presents an interesting long-term structure. Price has been respecting a descending bearish channel for many years, dating back to around 2008, making this structure especially relevant from an investment perspective. At the moment, price is testing the upper boundary of the channel and appears to be showing early signs of rejection, highlighted by the formation of a strong bearish candle. If this rejection develops further, the area of interest shifts lower toward the blue support zone, which also aligns with the lower boundary of the long-term channel. Historically, this region has repeatedly acted as an area where the market transitioned from weakness into stronger bullish phases. Another point worth monitoring: Previous bullish impulses that started from this region were accompanied by the development of bullish divergence, suggesting that momentum behavior may again become an important confirmation factor if price revisits this area. From here, two scenarios become relevant: → Bearish scenario: Current rejection extends lower and price rotates toward the long-term support area, creating a potentially attractive region to evaluate the next long-term accumulation opportunity. → Bullish scenario: If price invalidates the rejection and breaks above the upper boundary of the channel with sustained momentum, this may indicate that the broader long-term structure is evolving. For now, the focus is not on chasing price — but on preparing for locations where risk and reward become more favorable. This is a scenario-based analysis — not a prediction. Disclaimer: This analysis is shared for educational purposes only. It reflects personal market observations and does not constitute financial advice or a trading recommendation. Rayan Nasser #Ericsson #ERIC #Stocks #LongTermInvesting #TechnicalAnalysis #PriceAction #Investing #StockMarket #RiskManagement