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Apollo_CB
Jan 25, 2024 2:08 PM

VZ flirting with golden Fib Long

Verizon Communications Inc.NYSE

Description

VZ was a great safety play for me last year entering around 30$, I use the golden fibs are long-term momentum indicators. If VZ can break this area I expect a nice run to fair value over the next year 55-60$. Entering around 30$ and capturing the dividend for 1.5-2 years will be an excellent value play to anchor portfolios.
Comments
Cbnyc
nice entry keep till your old
Apollo_CB
@Cbnyc, possibly, I might value trade this one when it comes back to fair value since the company likes to get into trouble PR wise.
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