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 trade ideas
$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.
Verizon - Up in the Horizon. VZShort term and temporarily.
Immediate targets 55, 57. Invalidation at 49.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe
$VZ 5g launch + earnings next weekverizon 5g ultra wideband network unveiled, but limited around airports to prevent delays. Go figure, airlines wait till 48 hours before launch to cry to the whitehouse about complications with their aircraft. All this time they had when their planes were grounded during covid.. wonder how much they'll be asking in bailouts this time.
Telecommunications bad days are over?It seems these giant Telecommunications companies have spent their correction and they all experience higher than average volume in the past few days and they may experience a bullish rally..!
You can see the most important support (green lines) and resistance (red lines) to watch in the coming days in these charts!
Best,
Moshkelgosha
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Buy $VZ- NRPicks 17 SetVerizon Communications Inc. provides communications, technology, information and entertainment products and services to consumers, businesses and government entities worldwide. It has approximately 27 M retail postpaid 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%
VZ Bullish Gartely ?I'm watching this stock closely. A bullish Gartley has formed on Verizon. I do believe we have bottomed and it may be setting up some type of bottom formation( accumulation ). A break above $54 will be my signal to look for long and ride it to at least the top of the channel around $62.
$VZ with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $VZ after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%.
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OPPORTUNITY FOR VERIZON TO GO UP - Strong buying zoneHello,
If you look at my previous post you can witness how I can spot the area to keep an eye on.
If you can spot the area/zone precisely of any stock, index the same way the trading become really simple and strongly effective.
This time I would like to talk about Verizon Communications Inc area to watch for a long position between 48.5$ and 51$. This area will act as strong support and will hold the price. It can blow the zone on the downside but at least the zone will hold the price. A long position in this zone is comfortable and statically safe.
Happy trading
VZ - What to look for & Current StatusPrice is in a strong downtrend.
Momentum is pulling it down.
However, the tail wick of this the Months
candlestick has pulled back up to the support line.
This could mean we have found a support in this
price range. Look for the channel to break and
possible sideways action for the big boys to
accumulate shares. May rise slightly or fall
slightly, but generally, sideways action; unless
price pulls up. I see the 47 area as a good possible bounce area, but if fails then the 43 area is a good area of solid support.
VerizonLooks like we are at a support that's backdated towards last Spring. I buy your tears GANG. I want a retracement of the previous high on the daily where we have strong resistance since November of 2018. We are oversold on the Macd on the weekly timeframe as well as the weekly. AsJay-z would say...."What More Can I Say?"
Verizon Communication should be in attention!It has been in a correction mode as I described it on the chart A B C. I think 1 to 5 is a impulsive wave to the upside. As per the theory, we should expect an impulse since we have had a correction for a long period of time. Next earning report is about to be released on October 20th. Yes, I expect it to be good.
Pull Back Fishing Earnings 10-20VZ pays almost a 5% dividend so I am wondering when someone will pick this up? 3 year low is 48.84 so perhaps a place for a stop is you wanted to be on the really safe side or under most recent low somewhere which is 50.86 which is the yearly low as of yesterday.
VZ fell past immediate support and that support can become resistance.
Price is outside the lower band and has stayed below it for longer than many dwell down there. 3 big red ones which looks very bearish but can flush panicky sellers out as well. Negative moving average crossovers.
It looks like VZ paid dividends recently on 10-7-21. There are people who buy before dividends then sell after they collect it. I do not do this but I know people who do. I suppose it is a hazard that comes with paying a high dividend. This possibly contributed to the recent downtrend. Just guessing.
Negative volume is high. Short interest less than 1%.
The moving averages need a lot of work.
No recommendation.
More drops for Verizon. Oh my! VZBroke floor, heading for lower lows. Fibonacci shows us some favorable goals. Bearish in a nutshell.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!