Like this chart still for long term hold with great Div. safety Cashflow intact. 5G focused. they are finally building out there media with aol and yahoo. making lemonade out of the lemons.
#Verizon Communications is just between 50SMA and 100§200SMA. Volume is below the average and needs more in to break out the SMAs
#Verizon Communications is breaking out 50dayMA. needs to hold above $56.71
Minus the false breakout at the 5th point, the move seems to be following a wolfe pattern pretty closely.
Technicals Verizon Communications (VZ) bounced nicely off ascending trend line support this week and 200 weekly moving average at (1). Now testing resistance at 55.05. We need to hold above resistance before further upside can take place. Below trend line support negates this bullish outlook. Fundamentals Pros Trading at 50.3% below its fair value. Earnings...
Rsi just broke and tested back the trendline. It is holding above weekly 200MA for second week. watch to break above $55.93
VZ rebounding from support at $49. Looking to TP at supply level around $52.50-$53
Contextual immersion trading strategy idea. Verizon Communications has a strong downside trend. This and other conditions can cause a fall in the share price in the next days. So I opened a short position from $49,71; Information about stop-loss and take-profits will be later. Do not view this idea as a recommendation for trading or investing. It is published...
Price breakout the line. Bearish movements are possible.
If you see this on a monthly chart and adjust the trend line, current price is right at the monthly support. Buy when the price touch the trend line.
My analyse for VERIZON COMMUNICATIONS. My trading system is easy. It is based on finding strong probabilities through S / R zones, volume profiles, 1D TF analysis and volatility. The overall six is based on the logic of the return of markets to average.
Good close over the 2 day 89 EMA and a bullish cross on Stoch RSI.