VZ is one of my recession plays I have been averaging into on that big red candle. I am not very concerned unless it breaks below 32.2$ ish. Regardless I will be hodling this stock through recession fears for a 2-3 year hold possibly longer if they pay down some debt.
VZ is one of my long-term entries for a recession protective play. I entered spot on the red uptrending line and have been adding bits on the bounces. The 8% dividend is protective at this level. The company fundamentally remains the same as it was before the 50% downtrend. There is some FUD with the lead cables but this should not matter in the long-run, they...
Playing into major OLD support areas. Currently paying I think around 8% dividend.
So much upside potential. I really think you later get an A.I. narrative as well as more transformation into an all-inclusive media and Tech company.
I think there is still a lot more to be done with store fronts as well.
Could easily see them becoming a bigger player later in...
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.
The chart posted is that of VZ we now can count the clear 5 wave s down in a super cycle ABC .We have a very positive Divergence on the weekly RSI . be long
Textbook Capitulation formation, very slow mover this is a weekly chart so analyze for your long term ports, dividend at this price is 8.3%, company is flush with cash so no signs of dividend being a problem. if you can lock in dividend at this price and catch any potential upside in price, this could be a jackpot trade.
If you haven`t sold VZ here:
Then analyzing the options chain and chart patterns of VZ Verizon Communications prior to the earnings report this week,
I would consider purchasing the 31usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $1.08.
If these options prove to be profitable prior to the earnings release, I would...
VZ on the 2H chart has been in a trend down since July 5 and the fall is accelerating
in the past three trading days. Earnings are a week away. The dual time frame RSI
indicator shows the weakness with RS in the oversold and undervalued zone while
the zero-lag MACD shows hard bearish momentum. Relative selling volumes are
about 3X the mean. Overall...
Oversold on weekly, daily , and hourly.
At the bottom of trendline support showing a inverted hammer bullish reversal candle with some nice volume...
I don't expect V shape recover, possibly a double forms like in the circles I highlighted then the real move to 36-37 starts
Howdy Traders!
This is a short notification about a trade opportunity for $VZ. In this trade, NYSE:VZ has broken out of a bearish parallel channel. This is a short trade, and the price target would be $28.73.
*It is important to know that NYSE:VZ has upcoming earnings which could alter the direction in which it is headed.
Bona Fortuna!
Verizon Communications Inc. - 30d expiry - We look to Buy a break of 32.01 (stop at 30.01)
We are trading at oversold extremes.
This stock has recently been in the news headlines.
In our opinion this stock is undervalued.
A higher correction is expected.
A break of bespoke resistance at 32, and the move higher is already underway.
Our profit targets will...
Verizon is close to its 13-Year Low and on a whim I decided to take a look at this stock.
We have fallen below a long-term upward trend and are in a decisive point.
