Verizon Daily ShortVerizon looks weak here, may crawl back up a little bit will then roll over like an old man dying in the bathtub.
VZ trade ideas
MACRO Strength.Like this chart still for long term hold with great Div. safety Cashflow intact. 5G focused. they are finally building out there media with aol and yahoo. making lemonade out of the lemons.
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
Wolfe WaveMinus the false breakout at the 5th point, the move seems to be following a wolfe pattern pretty closely.
Verizone (VZ) Weekly Chart.
Technicals
Verizon Communications (VZ) bounced nicely off ascending trend line support this week and 200 weekly moving average at (1). Now testing resistance at 55.05. We need to hold above resistance before further upside can take place. Below trend line support negates this bullish outlook.
Fundamentals
Pros
Trading at 50.3% below its fair value.
Earnings are forecast to grow 3.65% per year.
Earnings grew by 24.1% over the past year.
Pays a high and reliable dividend of 4.49%
No significant price volatility in the past 3 months.
VZ is good value based on its PE ratio compared to the Telecom industry average.
VZ’s return on equity (ROE) is forecast to be high in 3 years time (26.4%)
13.4% annual earnings growth over the past 5 years.
VZ’s current net profit margins (14.6%) are higher than last year (11.9%)
Earnings have grown by 13.4% per year over the past 5 years.
VZ’S insiders have bought more shares than they have sold in the past 3 months.
Cons
Has a high level of debt.
-6.4% return over the past year.
VZ is poor value based on its price to earnings ratio.
Earnings are forecast to grow slower than the US market.
Revenue (1.4%) is forecast to grow slower than 20% per year.
VZ’s short term assets do not cover its short or long term liabilities.
VZ has a high level of physical assets or inventory.
Debt is not covered by short term assets.
Sentiment has become very optimistic, which can result in a decline in prices.
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 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
