Now! is a good time to buy and hold $VZ
For 2021, Verizon expects: Service and other revenue growth of at least 2%, including total wireless service revenue growth of at least 3%; Adjusted EPS (non-GAAP) of $5.00 to $5.15;
Adjusted effective income tax rate (non-GAAP) in the range of 23 to 25%; Capital spending to be in the range of $17.5B to $18.5B.
3 opportunities to buy and take profit at psychological resistance of 13K.
Besides support from price reversals and exponential moving averages, it's recommended to look for 'decrease in MACD histogram', or 'RSI oversold' before entering a trade. The trick is as always to combine information.
A lot of traders are claiming that we are in the biggest bobble in history and so on.
I want to share this perspective in parallel to these doomsday traders. One could claim that we are simple back on track.
I expect that DSV will begin to move upwards again, it seems that the weekly 20-period exponential moving average is providing solid support. This is a 16% discount of a great company. I have a buy order at 979.8 DKK.
Normally I would look for a buy close to the uptrend. In this situation the support between 1072 DKK and 1056 DKK seems solid enough to enter the trade a but more aggressively. I have a by order at 1064.5 DKK.
It seems that the trend is finally turning in favor of Barratt. With a slight interruption from BREXIT negotiations and uncertainties in relation to that. I'm not concerned anymore about BREXIT ending without a trade deal. So with a discount of around 12% on this great asset I have created a buy order for £ 584.6.
7 Reasons to go up:
1) Price went above downtrend
2) Price is trying to get through resistance
3) When it gets through resistance, the road is clear
4) Pivot trend is green
5) MACD is about to change direction
6) RSI14 is not overbought
7) Spark airdrop
Yesterday $GOLD fell below the heavy support area of $1848 to $1862, RSI uptrend and 200-periods regression channel. Between the current price and the $1765 level there is one support left, which is the lower RSI uptrend, marked with a red circle. As I write this post, they are intersecting. If the RSI withstand the bears, the heavy support from yesterday is now...
Relative strength index is approaching 91.99 where it exhausted last time, which caused a correction August 4th of appx. 16%.
21 days left for airdrop, it a long time with only green candles. It seems unrealistic.
The closest support on the daily chart is the 78,6% Fibonacci level at $0.34076 (appx. -16%).