Verizon Communications $VZRsi just broke and tested back the trendline. It is holding above weekly 200MA for second week. watch to break above $55.93
VZ trade ideas
$VZ can fall in the next daysContextual 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 only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Watch for a bounce on that trend lineIf 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.
Verizon analyse on 4H TF 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.
VERIZON COMMUNICATION (VZ): Reversal Clues
hey traders,
it looks like the breakout above the previous structure high in December was false!
the market was trading about 1 week above 61.0 resistance and then dropped.
Now it looks like the market is forming a classic reversal pattern - head and shoulders pattern.
currently, the price is completing the right shoulder.
I suggest setting the alert below the neckline level.
Being broken it gives us a perfect selling opportunity.
key levels will be 55.55 / 53.0
Too early for VZ but watch for reversalVZ on the hourly has still not recovered from sell off but has found support. Watch MA's and SAR for reversal, target at .618 Fib retrace.
$VZ - long, on a close above bottom line of parallel channelNYSE:VZ - long, on close above bottom trend line of bullish parallel channel, the drop today was due to the dividend payout
$VZ Verizon breakout tradeEntry level $62.40 = target price $70.00 = Stop loss $59.63
Bullish breakout from congestion phase underway.
Very reasonable 15 P/E ratio.
Good yield at 4%
The stock has hit the average analysts price target so expect upgrades.
Company profile
Verizon Communications, Inc. is a holding company, which engages in the provision communications, information and entertainment products and services to consumers, businesses and governmental agencies. It operates through Wireless and Wireline segments. The Wireless segment provides wireless voice and data services and equipment sales, which are provided to consumer, business, and government customers. The Wireline segment offers broadband video and data; corporate networking solutions; data center and cloud services; security and managed network services; and local and long distance voice services. It also offers voice, data and video services and solutions. The company was founded in 1983 and is headquartered in New York, NY.
VZ Breakout all time highsVZ has tested resistance at the 61.5 level, 7 TIMES! That is a key indicator for me to play the breakout especially into all time high territory. I was able to get into this position at $61.5 and will be playing the breakout into new territory.
strategy testing VZtesting parameters
InitCapital = 1000000
InitPosition = 100
InitCommission = 0.075
