Great money flow volume daily
But not good enough for the weekly
Wait till it breaks the upper cloud
If it breaking $37.62, we take it as a confirmation point
$36.27 is our floor
NYSE:VZ is at it's lowest point since 2012 , and it's only dues time till it bounces back up, it has hit liquidity a few days ago. I sincerely believe it is to rise up in price.
Hi mates, sharing daily chart of Verizon communications as we can see that price level of 36 was acted a good support earlier after a sharp fall in it and after finished a bottom which is looking a rounding bottom pattern with higher number of buying volumes which indicates that change of hands according to the high volume on top or bottom and when the price tried...
Verizon on weekly candle in nearing trend break on uppside. Entry strictly only above trend line closing. Also it is forming W pattern with double bottom formation around 35.
VZ | After a Correction Near 35.5 VZ May Rise Again
At the beginning of June-22 Verizon Communications completed a perfect harmonic pattern.
Considering how the price reacted after the pattern completion this is increasing the chances that after the price will create any small correction near the 35 - 35.5 price zone it may rise again.
So let's see what will...
On the 15 minute chart the trend started on June 2 (linear regression channel).
There is a high probability of profit. A possible take profit level is 35.31
But do not forget about SL = 33.70
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
1. Price trading below the key EMAs, which are sloping downwards.
> This market is in a confirmed uptrend
> Our bias is to look for short opportunities.
2. Head and shoulder base formed since October 2022, against the 50 EMA.
3. Breakout from this pattern near the 10 EMA value area, 2 weeks ago.
4. Wait for a qualified trigger to enter short. This could be a...
Sorry for the bad pun, couldn't resist.
Verizon has obviously been having a hard time.
We're seeing a consistent markdown approaching into the low from 1996 that has held price up for decades now.
It pays ~7% and Verizon isn't going anywhere.
A worthy addition to the turbo boomer dividend account if you're patient.
Pardon the silly pun.
VZ is about to touch the all-time 1 sigma from the listing vwap. This happens to coincide with the level that's been holding it up since 1996.
This pays 7% and is probably going to be important in the coming months.
Verizon isn't going anywhere.
On the hourly chart, the trend started on May 18 (linear regression channel).
There is a high probability of profit. Possible take profit level is 37.29
But do not forget about SL = 35.71
Good luck!
Regards, WeBelieveInTrading
Verizon NYSE:VZ appears to be entering a good accumulation zone. it also pays a good dividend. This is one i plan to accumulate going into the down turn. NYSE:VZ
If you haven sold VZ here:
Then analyzing the options chain of VZ Verizon Communications prior to the earnings report this week,
I would consider purchasing the 37usd strike price Puts with
an expiration date of 2023-5-19
for a premium of approximately $0.84
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
SPY - pointing lower this morning. Some economic news to be released including nonfarm payrolls, expt 200K. Failure to close above 408 on the 15 min early on would give confidence that we move lower today.
For further confirmation of a trend day, watch for:
$ADD pinned near +\-2000
$VOLD ratio over +/- 3
$TICK cumulating past 0 wicking to +/-900
$XLC - had...
