Mattel (MAT) is Running in Generational Cycles

SUMMARY

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Mattel (MAT) had five wave peaked way back in 1998 and since then has been traveling within a very large and wide price channel as can be seen in the below chart. The blue parallel lines outline the channel borders and it seems likely that price could tag the bottom trendline again. Would it rise again towards the top trendline?

This kind of cycle within a price channel could be coinciding with the birth rate cycle for humans. As maker of toys, it would seem to be a sensible correlation given that at the beginning of a high birth cycle rate; MAT price should start rising and that might be happening again. Since the average millenial is about 26 years old, the human population could have a renewed birth cycle and that could bring MAT to the blue D wave target. However, the curren C wave decline also coincides with ToyRUs bankruptcy and so the cycle is likely about ready to renew.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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