At the start of 2014, VZ
tested and failed it's support line from August 2011. At this time there was also a conversion of moving averages (MAC). Now VZ
is back above it's 50 Day EMA
and looks to test its resistance line which formed in May 2013
. If it brakes out above that, it should retest it's fib level at $49.11. A break above that level would result in a retest of the former line of support at around $52.