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Verizon Communications Inc.

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VZ - Can you hear me now?Welcome back to another dow30 analysis, this time we take a look at Verizon! NYSE:VZ Verizon is one of the most popular tech-company in the united states and also holds a place in the dow. Since the bottom in march Verizon could gain atleast 23%, compared to apple or microsoft, this doesn't seem that much. In the long term, the growth opportunities in Verizon are much higher and prices of 120 are possible in the next few years. Expected scenario Verizon has just completed green wave 1 and is in an ABC correction which will bring us to prices under 59$. A low will form in this area and Verizon will start its journey to higher prices. In the next months and years we could reach prices over 120$ or even more, so stay tuned! Alternative scenario If Verizon breaks the red resistance line, we will start to much higher prices and we won't see a bigger correction in the next days. If this should happen in the next few days I will look for a profitable entry. Regardless of which scenario comes to pass, I will go long soon.
NYSE:VZLong
by Mendenmein-Capital
How To Utilize Difference In Price Indicator The difference in price indicator helps show volatility. In this case I am going long on Verizon but am unsure of how much to expect the price to move each day. When I add the Difference In Price indicator to my chart, I can scroll my cross hairs over and see that it changes in price about $1 a day. So for tomorrow I can expect it to go up or down $1 based on what has historically happened. The Difference In Price Indicator can be used on any candle segment, but my favorite is the day because I like knowing how much to expect a stock to change in price on a daily basis. To add the Difference In Price Indicator to your chart, you can click on the F(x) button and then click on public library. Type in Difference In Price. Add the one created by Myantman101 ( free ) Test it out on different segments and see for yourself how it can help determine what type of price change to expect when shorting or going long. Comment any questions below
NYSE:VZEducation
by Myantman101
6
Verizon - 5G NOTES Verizon has surprisingly tanked after the new 5G announcement that came-out, overall, it wasn't too surprising. We're without a doubt in short term bearish sentiment for the stock. However this sentiment appears to be coming after a very decent impulse wave rally (not the traditional pattern, appears to be a Moving Ending Diagonal Impulse with converging lines) Short term, we may see a rally around 1.5% strong from Friday's close of 58.05. This is likely to be sold off down to the 0.312 fib retrace of the longer-term impulse wave we're tracking. After this, it's a whole new set of impulse waves on VZ Likely Scenario: Timeline 3-4 Weeks 1 - VZ rises from 58.05 to the upper $58-$59 range and is rejected. 2 - VZ continues this rejection from that upper range down to the upper to mid $56 range 3 - VZ breaks out of the short term bearish descending channel we see now and begins to hit new ATH's. Alternate Scenario: Timeline 1-2 Weeks 1 - VZ rises from 58.05 to the upper $58-$59 range and breaks through. 2 - VZ continues this breakthrough through the short term downward bearish channel we see now, and starts it's new impulse wave to new ATH's earlier then expected. Key Takeaways Both scenarios end in bullish long-term action estimated timeline for the breakout is within the next month overall. Currently eyeing 6 month long $60 call contracts, not that expensive.
NYSE:VZLong
by ericisom887