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...
Short term technicals showing this will likely sell more if the markets turn farther. Dips below the 200ema Monthly have previously marked great buy areas. PE @ 27 based on forward earnings projections. 9.5% yield based on no change assumption. Nations leading 5g provider targeting quality customer base commercial and residential. 5g is an under rated play no one...
1) Find a FIBO Slingshot 2) Check FIBO 61.80% level 3) Entry Point > 37.5/61.80%
Part 1 of a 3 part Tutorial - Finding Trades. In this tutorial I help the beginner find trades on a chart by helping to understand Highs and Lows; Supply and Resistance; Climactic action; Tests; the importance of Volume; Market Mechanics.If you know where to look, you'll learn where to find trades with a higher probability of success! Happy Trading
NYSE:VZ - Verizon touched Resistance Turned Support (RTS) and broke above downtrendline. Formed 2x Highs. RSI managed to bounce on 50 , making higher low , indication of upside movement.
The PEAD projected a Neutral outlook for $VZ after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 66.67%.
Going for a swing trade on $VZ , no time frame. Verizon and 5G towers have no new competition, people need to communicate. Only derivative of smart phones coming out is crypto native Solanas saga web3 phone , which will take awhile for mass adoption and that's if it even succeeds. looking for sure things to store fiat in other then gold.
VZ is setting up for a nice bull flag that could surely take us higher. As long as the pattern and all supports are respected I think this will be a good trade to take.
I am looking for a pull back to get in. This is my set up at the moment. Entry; $39.40 S/L; $41.18 TP1; $41.18 TP2; $43.85 Please always do your own search and analysis before you take any trade. Do not rely on anyone :)
NYSE:VZ is bouncing back from the double top target. it has a target of $ 35.70 and it has been touched on October 2022. The weekly chart stochastic has been successfully break out from value 50 for a consecutive week. In 4H Chart, the formation of the candle is forming a Ascending Triangle with Upper Breakout which indicate a Short Term Bullish Reversal...
The technical figure Triangle can be found in the daily chart in the US company Verizon Communications Inc. (VZ). Verizon Communications Inc., commonly known as Verizon, is an American multinational telecommunications conglomerate and a corporate component of the Dow Jones Industrial Average. Verizon's mobile network is the largest wireless carrier in the United...
Symmetrical triangle. Several bear flags on the descent down. Dividend is 6.88% ATL 9.72. ATH 69.50 5 year low 34.55. As a rule this stock is not volatile but VZ has been hit hard. No recommendation
Verizon is the most bullish chart, 30 years of trend line support. most indicators show this is bottom. ONLY UP
Verizon Communications Inc. long position Entry: $37.55 Take profit: $42.85 Stop loss: $35.13 Risk/reward: 2.19
VZ wave 4 of wave C correction I feel we will see around 40 for wave 4, then wave 5 down to $33 and can grow from there.
Verizon Communications Inc. Intraday - We look to Sell at 38.68 (stop at 41.29) The primary trend remains bearish. Trading within the Wedge formation. Prices expected to stall near trend line resistance. Preferred trade is to sell into rallies. Our profit targets will be 31.18 and 28.00 Resistance: 39.00 / 48.00 / 55.00 Support: 35.00 / 25.00 / 17.00 ...
The PEAD projected a Neutral outlook for $VZ after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 100%.
Order BUY VZ NYSE Stop 35.82 LMT 35.82 will be automatically canceled at 20230401 01:00:00 EST VZ bullish hammer at the bottom of Mean Reversion Channel beautiful volume, weekly chart confluence, not much in our way all the way up to MA 100 except for local trend. Stop loss below buying zone of support conservative, take profit at MA 100. 1.56R