VZ kissing prior area of interestVZ is one of my long-term bets on a value size, we can see a strong reversal which is rare for this type of stock and should signal a change in sentiment. If we can take the red line we are back in business for a generally accepted valuation of over 50$ per share.Longby Apollo_21mil0
Verizon's Earnings Beat Driven By Home and Business Internet.Verizon's (VZ) home and business wireless services boosted third-quarter earnings even as the telecom giant lost cellular subscribers. Shares rose more than 5% in early trading Wednesday as the bottom-line results topped analysts' expectations and the company raised its guidance for 2023 free cash flow by $1 billion, to $18 billion. Earning per share fell to $1.13 from $1.17 in the prior year quarter, if you don't take out about a $579 million hit from TracFone and shutting its BlueJeans business, among others. Adjusted EPS for the third quarter was $1.22, lower than the year ago quarter but higher than analyst expectations compiled by Visible Alpha at $1.18. Revenue also fell by 2.6% year-over-year to $33.3 billion due to lower wireless equipment revenue and fewer upgrades by postpaid customers. Verizon saw 434,000 net additions for its broadband service, up 15% from the same period last year. Consumer wireless business revenue grew 2.9% to $15.96 billion on the back of fixed wireless additions, even as both postpaid and retail wireless subscribers tapered. Wireless business customers helped offset some of the company's continued struggle to maintain users in its wireline division. The broader communication services sector has this year regained much of the ground it lost as the worst-performing sector in the S&P 500 last year. The benchmark S&P 500 Communication Services Select Sector Index is up more than 33% in the 12 months leading to Oct. 24, 2023. Last week, AT&T announced better-than-expected earnings results and 468,000 new postpaid phone subscribers, a sharp improvement over the most recent quarter. Verizon shares have fallen roughly 12% in the last year and have lost about half their value since reaching a high above $60 per share in late 2019. But still kept its levels high. Longby DEXWireNews1
VZ uptrend after earnings VZ is one of my larger recession safety plays I have been averaging into around 31.2ish, the > 8% dividend provides a margin of safety. Before the collapse it was accepted that the stock is generally worth around 60$ per share. I plan to hold this to about 50$ however long that takes and collect the strong dividend as an alternative to short-term treasuries.Longby Apollo_21mil3
#Verizon a recovery buy? NYSE:VZ Verizon Communications Inc. has recently released an impressive earnings report, surpassing expectations across the board and increasing their Free Cash Flow (FCF) guidance by a substantial $1 billion compared to their previous guidance. This announcement has injected new life into the stock, and it's evident in the pre-market trading where VZ has surged by almost 4%. The current outlook for VZ is highly favorable, and here's why: A bullish divergence is emerging on both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) indicators, particularly on the weekly timeframe. This divergence suggests that the stock is poised for a recovery, possibly leading to a profitable swing trade opportunity for investors. Furthermore, VZ presents an additional allure for long-term investors. With a generous dividend yield of over 8%, this stock becomes a compelling choice for those seeking a stable, income-generating investment. In summary, the combination of robust earnings, a notable increase in FCF guidance, and the promising technical indicators on the chart indicate a strong potential for VZ to recover from recent losses. Whether you're looking for a shorter-term swing trade or a long-term income play, Verizon is shaping up as an attractive option in the current market landscapeLongby sajalgoelin2
VZ Verizon Communications Options Ahead of Earnings If you haven`t sold VZ here: or here: Then analyzing the options chain and the chart patterns of VZ Verizon Communications prior to the earnings report this week, I would consider purchasing the 32usd strike price in the money Puts with an expiration date of 2023-11-17, for a premium of approximately $1.14. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it. Shortby TopgOptions224
Long-term idea for VZHi traders! Let's take a look at VZ stock on the monthly timeframe. VZ has been on a downtrend for a long time. We expect the trend to continue towards the strong support zone that has been retested multiple times. It will be our buy zone in the future if the zone will make the price to bounce back. The take-profit levels are shown on the chart. Stop loss is at $21.79 What do you think? Leave a comment down below!Longby vf_investment2214
VZ broke out of ascending triangle but is holdingVZ is one of my recession plays I have been averaging into on that big red candle. I am not very concerned unless it breaks below 32.2$ ish. Regardless I will be hodling this stock through recession fears for a 2-3 year hold possibly longer if they pay down some debt.Longby Apollo_21mil0
Verizon stabilizing after multi month downtrendVZ is one of my long-term entries for a recession protective play. I entered spot on the red uptrending line and have been adding bits on the bounces. The 8% dividend is protective at this level. The company fundamentally remains the same as it was before the 50% downtrend. There is some FUD with the lead cables but this should not matter in the long-run, they financially outperform comcast, at&t and t-mobile yet remain this undervalued.Longby Apollo_21mil5
Verizon Communications Inc., week#35Closed above $33.24, struggling but has an enough volume. Next target will be $33.89, $34.55Longby allenadarts5
Interest may be picking up in $VZTechnically, interest may be picking up in $VZ. Appears to be wedging with increased momentum. by LaTroy82222
Verizon Communications, Inc. Week#30Well, we're waiting for the moment when Verizon breaks $34.69 We set our target at $36.81by allenadarts1
VerizonPlaying into major OLD support areas. Currently paying I think around 8% dividend. So much upside potential. I really think you later get an A.I. narrative as well as more transformation into an all-inclusive media and Tech company. I think there is still a lot more to be done with store fronts as well. Could easily see them becoming a bigger player later in streaming as well. by rarebreed290
VZ perfect Three Drives DownVZ had great earnings, along with their parent company T. Both putting in Three Drives Down Patterns, indicating Seller exhaustion. On this chart I'm also getting Wolfe Waves, which how I arrived at the $46 target well above VAH, but VAH should show some resistance and may be a good place to take some profit. Longby Nicklaus683
Vzn earnings ideaBlue line is buy break Red line is sell break Black lines are contracts you could use by digitaltrappa0
BIG UP MOVE TO START NOWThe chart posted is that of VZ we now can count the clear 5 wave s down in a super cycle ABC .We have a very positive Divergence on the weekly RSI . be long by wavetimer224
VZTextbook Capitulation formation, very slow mover this is a weekly chart so analyze for your long term ports, dividend at this price is 8.3%, company is flush with cash so no signs of dividend being a problem. if you can lock in dividend at this price and catch any potential upside in price, this could be a jackpot trade.Longby SandmanTrade0
VZ Verizon Communications Options Ahead of EarningsIf you haven`t sold VZ here: Then analyzing the options chain and chart patterns of VZ Verizon Communications prior to the earnings report this week, I would consider purchasing the 31usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $1.08. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it. Shortby TopgOptions1
Verizon Communications, Inc. week#30Great reversal performance, but not good enough in volumes Next target $35.06Longby allenadarts0
Can VZ reverse with earnings coming up?VZ on the 2H chart has been in a trend down since July 5 and the fall is accelerating in the past three trading days. Earnings are a week away. The dual time frame RSI indicator shows the weakness with RS in the oversold and undervalued zone while the zero-lag MACD shows hard bearish momentum. Relative selling volumes are about 3X the mean. Overall considering that price is now three standard deviations below the mean anchored VWAPs set in March and April I believe that price is now at or near the bottom. Accordingly I will watch for signs of a reversal on a 30-60 minute time frame from which to consider a long entry. the upcoming earnings could increase volatility and potential profits if VZW can rally some trader interest. Longby AwesomeAvaniUpdated 3
VZ rebound Oversold on weekly, daily , and hourly. At the bottom of trendline support showing a inverted hammer bullish reversal candle with some nice volume... I don't expect V shape recover, possibly a double forms like in the circles I highlighted then the real move to 36-37 starts Longby ContraryTrader5511
VZ - Bearish FallHowdy Traders! This is a short notification about a trade opportunity for $VZ. In this trade, NYSE:VZ has broken out of a bearish parallel channel. This is a short trade, and the price target would be $28.73. *It is important to know that NYSE:VZ has upcoming earnings which could alter the direction in which it is headed. Bona Fortuna!Shortby fjack1928221
$VZ - Verizon - Target HitJust updating this idea. Target profit hit. Take your profit, move onto the next set up. Cheers, Tenacious Tribe - Quantified Trading StrategiesShortby ruben_rodrigues0
Will Verizon bounce from current oversold extreme?Verizon Communications Inc. - 30d expiry - We look to Buy a break of 32.01 (stop at 30.01) We are trading at oversold extremes. This stock has recently been in the news headlines. In our opinion this stock is undervalued. A higher correction is expected. A break of bespoke resistance at 32, and the move higher is already underway. Our profit targets will be 37.01 and 38.01 Resistance: 32.00 / 33.70 / 35.00 Support: 31.25 / 30.00 / 29.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Longby VantageMarkets4