VZ Support/Resistance Pre Earnings.VZ at the lower end is forming a cup formation, might feed right into earnings
Verizon
Verizon buyMy thoughts on Verizon action
We are at an ideal time to go long in this action, this Monday I will go long with a StopLoss at 55.97 and a first TakeProfit at 61.
I'm going to close part of the action at 61, because between 60.7 - 62.2 it has a resistance that has never been able to break.
Since November 2018 the price tried 10 times until today to break that barrier without success.
To do this, you have to be careful, have a defined StopLoss before opening the operation.
In the case that I present, if the trade is favorable, we have a risk / reward ratio of 2.31.
For actions that I usually do in the long term, I do not recommend never entering a action without earning at least a risk / reward ratio of at least 2.
If the price could finally break the barrier it has had since November 2018, then the price could go to 66.
This is just my thought about this action, it doesn't have to be fulfilled.
If it is not fulfilled I would enter the StopLoss, if it is going to work well, then in 61 I would take off half of the shares, and the remaining shares would put a positive StopLoss and hold them in the long term.
5G unitWOW wall street is on this like a Dog with a bone nice Day nice strong finish with volume. Hoping for a continuation tomorrow hello 20 in a week?
Verizon $VZ Pre Breakout IdeaPossible breakout of the bull flag soon, or otherwise 2 possible pullback trajectories before breaking out and return to pre-covid levels.
Big parternship with Apple 5G in the USA, Christmas incoming, other smaller partnership with SNAP and other tech companies.
Price target 65$ for the end of the year.
Seems like it's gonna be a bull 2021 year for VERIZON.
VZ to $61 - $61.40Its possible $VZ could go long, falling wedge has appeared and price has started to breakout. Its possible that it could be a FAKE OUT, also price is near $VZ's high. Potential target is $61 - $61.40
Verizon Wireless (VZ) Long term BUYIf past 60 and monthly candle closes above 60 then its a long term buy.
Verizon Communications VZ bearish outlookEarnings were reported today and beat the estimates so keep that in mind. The technicals though look bearish IMO. We have hit a major trend line which so far hasn't been broken and looking at the size of the wick we hit a lot of selling pressure. Also we have created a Bearish Bat pattern which was completed when we touched the trend line. Would have been the perfect entry but still see plenty of downside potential. Also worth noting we have some bearish divergence on the 4hr RSI.
Playing the Bearish Bat my prices targets are:
Target 1 - $55.73
Target 2 - $55.17
Target 3 - $54.60
Good luck traders
VZ // Double bottom at Fib. tested supportVZ is making a double bottom within the designated channel. Using Fibonacci Retracement levels, we see the support at $53.5, seems to align well with the 38.2% level.
Because the 61.8% level was broken, I expect the path of least resistance to be higher.
VZ - Verizon communication s/r zonesHello traders,
Description of the analysis:
Verizon s/r zones, gray supports are good for investment. Trade what you understand, trade carefully and sparingly according to the business plan.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund ($4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
Verizon Communications $VZ#Verizon Communications is just between 50SMA and 100§200SMA. Volume is below the average and needs more in to break out the SMAs
Verizon Communications $VZ#Verizon Communications is breaking out 50dayMA. needs to hold above $56.71
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
BILL ACKMAN, JOHN PAULSON & SARAH KETTERER UPS STAKE IN VIAC Here's yet more BULLISH news for VIACOMCBS (VIAC)
We feel along with several other large institutional investors that VIAC is DIRT CHEAP!
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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
VZ Verizon Coming into earnings, bull or bear?
Looks like resistance became support, will be tested through the week
