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VZ

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.
NYSE:VZLong
by VantageMarkets
VZ Verizon Communications Options Ahead of EarningsIf you haven sold VZ here: Then analyzing the options chain of VZ Verizon Communications prior to the earnings report this week, I would consider purchasing the 37usd strike price Puts with an expiration date of 2023-5-19 for a premium of approximately $0.84 If these options prove to be profitable prior to the earnings release, I would sell at least half of them. I am interested to hear your thoughts on this strategy.
NYSE:VZShort
by TopgOptions
$NDX looks good, better than $DJIRecently we made a post on how $NDX would outperform $DJI being it lacked #banks & #oil & it has done this. As we have stated for some time, we're still CAUTIOUS BULL on the #stockmarket. Even after this latest fiasco. CAUTIOUS is the key word. Daily $NDX broke channel to upside AND longer term downtrend!!!!!!!!!!!!!!!!!!!! Weekly chart shows #NDX holding above the weekly moving avg's & there was a bullish moving avg crossover, yellow circle, & has held. 12900 is an important level for #NASDAQ 100. Breaks that 13700 is next target. $DJI looks okay. It held well until recently. It is close to forming a bearish crossover but we'll see. IMO likely not. While #DJI is much weaker as a whole cherry picking individual #stocks on the index should be okay. We stated $MSFT $AAPL have done well & newbie $AMGN & $VZ for yield. #msft #aapl #amgn #VZ
NASDAQ:NDX
by ROYAL_OAK_INC
Apple Breaking to Resistance?This is a weekly chart of Apple (AAPL) as measured relative to the S&P 500 ETF (SPY). The chart has been arbitrarily adjusted in magnitude (x1000) to improve visibility of price movement. One should always analyze an asset's performance relative to the performance of the broader index before choosing to invest. If an asset is underperforming the broader index, one would be better off just investing in the broader index than investing in the underperforming asset. Few people may have known that, under the surface, Apple has been resisted downward since August 2020 in its chart relative to SPY. In other words, this means that since August 2020, even though the price of Apple has gone up it has generally not outperformed the SPY. This weekly relative chart between Apple and SPY shows that Apple may be attempting a breakout relative to SPY. Even though Apple's charts look somewhat weak on the higher timeframes (3M, 6M, 12M), this chart may suggest that Apple will at least attempt a breakout in its performance relative to the SPY. The weekly candle closed above the resistance line, and the Stochastic RSI oscillator is showing strong upward momentum on the weekly timeframe. Additionally, the weekly exponential moving average (EMA) is creating an ascending triangle pattern with the resistance line (not shown on chart). In 75% of cases, an ascending triangle is a continuation pattern, which in the context of Apple would mean a bullish breakout. It's important to realize that relative price charts like this do not necessarily predict price action. In other words, since this is a relative chart, Apple may break out in this chart, and yet its price actually falls. This can happen if the SPY is falling faster than Apple. The best time to use this kind of chart, therefore, is when you think the SPY has made a significant bottom and will rise. Rather than investing in the SPY as its price rebounds, why not amplify your returns by investing in an asset that is likely to outperform the SPY? Some consider this a "seeking Alpha" approach. Alpha is a term used in investing to describe an investment strategy's ability to beat the market. Strategies that are able to generate greater alpha (or return relative to the market), without introducing greater risk to your portfolio will increase your Sharpe Ratio. In this case, Apple is slightly more volatile than SPY and therefore introduces slightly more risk than owning SPY. One can mitigate this by analyzing all of one's portfolio holdings relative to SPY and selling an underperforming asset that is also more volatile than SPY and then purchasing an asset, (like Apple), that is likely to outperform SPY and which is equally or less volatile than the sold asset. For example, compare the below charts of T-Mobile US (TMUS) and Verizon (VZ). Both charts are quarterly charts (3-month charts) and are relative to SPY. Relative price action for the past 10 years is shown. (Neither chart is adjusted for dividends). Although TMUS is slightly more volatile, it is generally in line with VZ. If given the choice between the two, which would you rather add to your portfolio? T-Mobile US (TMUS) trending toward infinity relative to SPY: Verizon (VZ) trending toward zero relative to SPY: Not investment advice.
NASDAQ:AAPL
by SpyMasterTrades
24
VZ-Sitting at critical supportOn August 15th it became known that Berkshire Hathaway dumped its Verizon Communications, Inc. position and since then the stock has lost about 13.5%. While I do see this as an overall headwind for the stock it could be due for a bounce and looking over the monthly chart IF a bounce was to occur it would in the $39 area as we are about to test a very long term trend line. Typically a 3rd hit of a non-horizontal trend line will usually hold but I will not bag hold this position given the overall market weakness right now. SL-38.50
NYSE:VZLong
by Vixtine
2
Verizon... is not in the zone. VZAnyway, we are shorting it. Goals49. One only. 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
NYSE:VZShort
by Rykin_Capital
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.
NYSE:VZ
by RotanimreT
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.
NYSE:VZ
by Max_PowerFx