Technician
Long

Verizon: Potential Bullish Resumption - Update

NYSE:VZ   VERIZON COMMUNICATIONS INC
588 0 9
Bullish breakout above multiple key resistance levels, and that comes in the context of retesting a major long term support level at around 45, check the related link for the overall view.
Near Term target at 51.20 resistance, followed by the latest major swing high at 54.25. A longer term target mentioned in my earlier analysis at 60.00 areas.
Only a break below 45 will threaten for a serious reversal.

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