Shares have been pushing lower within the recent months, however the pullback remains a technical retest to the broken main resistance around 45.50-46.00 areas.
-The latest retest last week was also re-bought, with huge volume levels. -The price forms another pin bar at the to-year moving average.
The odds in favor of a rebound in Verizon, probably for a long term opportunity, targets start at 54.25-recent swing high. - A break below 45.00 will probably signal strong downside.