VZ - Dominant Trend LineVerizon has a dominant trend line in green
A have included a few chart patterns
I expect bullish continuation as indicated by the double curve above the green line
VZ trade ideas
Verizon: High Div Yield vs CG Loss?Verizon Communications Inc
Short Term - We look to Sell at 50.20 (stop at 51.90)
A sequence of weekly lower lows and highs has been posted. We can see no technical reason for a change of trend. 50 4hour EMA is at 50.38. We expect a significant move lower if prices manage to break the 50.38 support. Further downside is expected.
Our profit targets will be 46.05 and 45.00
Resistance: 52.00 / 55.53 / 59.80
Support: 46.00 / 42.80 / 38
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MOVE UP?If you been following VZ stock for the past week or so you have notice on Friday that while most of the market was going up (VIX was falling) VZ had a big candle to the downside.
Towards the middle of the trading day VZ rejected up from the middle line of the uptrend channel (38.2 fib line ) and started to move sideways on 1H time frame.
Where will VZ go on Monday, up or down?
Look at the last daily candle, look at the amount of support right below it:
20MA (white line), 50MA (green line), rejected to $50.86 support (yellow) line (you can see multiple bounces to the upside from that line in the past, please zoom out to see it clearly)
VZ is also sitting right above downtrend middle line and above uptrend middle line which can act as support as well.
I do not know where it will go on Monday, but it sure will have a hard time breaking those support lines , but if it will then the next stop will be somewhere on the bottom of the uptrend channel.
Please take a look at the screen shot below for better view.
How Far will Verizon continue to DROP?Technical Analysis on Verizon Communications
Was it the right choice to add more shares to my portfolio?
Fundamentally it makes totally sense for me to own the stock. The numbers speak for themselves.
If we start viewing the stock from a technical point of view, then it's getting interesting and I can understand why many people say they keep their hands off it and wait.
So basically the stock recently took out the massive low that got created in 2020 during the huge sell of in the pandemic. So overall the price continued to be bearish and it will be bearish until we break the recent high.
I view the current pricing as a great opportunity to add more shares to my portfolio as it pays an incredible dividend at the current pricing value.
Hopefully, we can see the bulls getting back in control in the future but until then we are gonna be reactive, not predictive.
VZ Potential Short Coming Potential Short on $VZ incoming. Currently waiting for price to react to supply zone. Wait for correction and momentum shift. No play for no just watching.
$VZ reclaimed 1D Lin Reg Channel with MACD Converging...$VZ reclaimed 1D Lin Reg Support @ MCAD Converging.
Short scalp VZBased on its downtrend, regress off resistance and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF VZ breaches yesterday's low of $47.77 during today's session.
Verizon is at the Bottom of Channel and the PCZ of a Bullish BatVerizon is certainly one to keep an eye on as it is at the Demand Zone of an Equidistant Channel that happens to be Confluent with a PCZ of a Bullish Bat Harmonic; I'v been watching and waiting a long time for it it for this Confluence Zone to be hit and now that it has i'v just bought 500 shares and am ready to take my chances here.
VZ retest of structure incoming!VZ being a failing there is no surprise for this chart pattern. VZ has shot below its Low price target for the year and We are seeing a very oversold VZ using our indicators and by looking at MA’s. Verizon will make a slight correction back up on the retest, but once this correction is over the VZ run will quickly end. The stock could fall to low to 40s or even lower.
$VZ with a Neutral outlook following its earnings #Stocks The PEAD projected a Neutral outlook for $VZ after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 75%.
VERIZON Forecast Entry 53.70 for that the closest strike is 54 target is 54.70 this idea is also designed for just regular holding
VERIZON, Intraday Strategy, Pivot point (PP) $53.93Hey there, if you are waiting for selling, this could be an interesting strategy, considering the pivot point ( PP ), support (S1,S2,S3), and resistances (R1,R2,R3).
For the next 2 days, we migth have a downward. Let's take a look at these band's results, Intraday strategy.
Target S1 $53.68 until S2 $53.52, controlling the stop loss at R1 $54.09 or R2 $54.34
R3 54.75
R2 54.34
R1 54.09
PP 53.93
S1 53.68
S2 53.52
S3 53.11
VZ returns including dividendsThis graph shows VZ returns including dividends over the last 10 years
VZ | Guidance Journal Entry
Bias: Positive.
Sentiment: Optimistic.
Emoji (emotion): Determined 🚣♂️.
Null Hypothesis: Buy.
Alternative Hypothesis: Sell.
Signals: ...
Position: Short term day trade.
Notes: ...
Barron's Company Overview: www.barrons.com .
Other: ...
Tutorial: (Q/A) What exactly is the box labeled tolerance? The box labeled tolerance is a defined range of value & time that qualifies the right to exit the trade after a profit is made; as long as the security is inside the box and above the trade's entry one could say the profit is within tolerance, likewise if the security is outside the box either because of value or time one could say the profit is not within tolerance. It's a way to add parameters to the future outcome (as a means to grade the journal entry) while simultaneously providing leniency in the ability to achieve success with said journal entry.
About the Security: "Verizon Communications, Inc. is a holding company, which engages in the provision of communications, information, and entertainment products and services to consumers, businesses, and governmental agencies. It operates through the Verizon Consumer Group (Consumer) and Verizon Business Group (Business) segments. The Consumer segment provides consumer-focused wireless and wire line communications services and products. The Business segment offers wireless and wire line communications services and products, video and data services, corporate networking solutions, security and managed network services, local and long distance voice services, and network access to deliver various Internet of Things (IoT) services and products. The company was founded in 1983 and is headquartered in New York, NY."
Social: I'm happy to hear from my readers/audience and I encourage constructive feedback; although I'm busy I will give my best effort to reply. I do strive to build an esteemed reputation and plentiful following, I also strive to earn the title as a Tradingview pinescript Wizard and Top Author.
About the Author: I'm a financial scientist and my contributions offered to the community are apart of my scientific journal or goodwill to mankind. With that said I think it's prudent to make two things clear; (1) I'm not a Wall Street retailer, I'm not trying to sell you products or services (2) I'm not a Wall Street advertiser, I'm not trying to market the purchase of securities to you.
Disclaimer: My journal entry is not a complete prospectus, please consider it accordingly.
ABC waves: VerizonDeclining trend end?
01 . End of wedge shape.
02. RSI, OBV: there is no divergence.
03. Elliot has 5 + 3 waves.
Long position now?
Investment for 2-3 years. Careful trading.
Verizon inc ST tradePrice is fluctuating towards lower part of the channel. At this point it has become resilient to further drop of same rate.
In this outlook, price is zeroing in to local support level.
Indicators looking healthy for at least a short-term trade.
retest 54Looking for a retest of the 54 dollar price level from 52 dollar support level that was tested again days to cover around 2 with put/call ratio less than 1
Buy $VZ - NRPicks 15 OctVerizon Communications Inc. provides communications, technology, information and entertainment products and services to consumers, businesses and government entities worldwide. It has approximately 27 M postpaid retail wireless connections and 482 thousand broadband connections.
Revenue TTM 132.8B
Net Income TTM 19.9B
EBITDA TTM 49.1B
Net Margin TTM 15.0%
EBITDA Margin TTM 37.0%
P/E 11.28
P/S 1.70
Dividend yield 4.7%
Verizon Returns With $1 Billion SaleThe telecom giant sold the bonds in one tranche maturing in 30 years, according to a person with knowledge of the matter. It yields 1.55 percentage points above Treasuries after initial price discussions in the 1.7 percentage points range, said the person, who asked not to be identified as the details are private.
This is the fourth $1 billion green bond transaction from the phone company since it first tapped the market in 2019, according to data compiled by Bloomberg. Verizon plans to allocate an amount equal of the net proceeds to fund renewable energy facilities or purchase of renewable energy, the person said.
Global sales of green bonds -- the largest category of sustainable debt by dollar volume -- reached a record $514 billion last year, from about $234 billion in 2020, according to data compiled by Bloomberg. Climate Bonds Initiative, a London-based nonprofit, estimates issuance could reach a high of as much as $1 trillion by the end of this year and up to $5 trillion by 2025.
$VZ - Great and interesting monthly chartThis is a great chart and I have noticed a lot of cool long-term correlations and trends coming together in the charts. This monthly chart showed failure on this pattern. However, it bounced and currently sits at the long-term support turned resistance. Can VZ push higher with a 212 monthly candle formation? Short term stop at 51.75 and longer term 49.5. below here is bigger failure and can get really ugly.
