MarlosClock

VZ perfect Three Drives Down

Long
NYSE:VZ   Verizon Communications Inc.
VZ had great earnings, along with their parent company T. Both putting in Three Drives Down Patterns, indicating Seller exhaustion. On this chart I'm also getting Wolfe Waves, which how I arrived at the $46 target well above VAH, but VAH should show some resistance and may be a good place to take some profit.
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