Bro it looks more like a bull run to me. Think blockchain technology and 5G! Pleople are starting to get very excited about the blockchain technology and big companies (such this one) are Accepting cryptocurrency as payment and such companies are building new, and faster platforms unsung this technology. The new internet I may say.
As much as I hate Verizon as a company, they have a pretty decent moat with all their fixed asset infrastructure. Fundamentally I don't see any likely scenario where it drops back to sub-$20 barring a total economic meltdown. I see your long term double top argument...I could see it trading sideways from here or pulling back into the high $30s at worst with a mild recession.