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.
VZ trade ideas
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.
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.
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!
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
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Verizon (VZ:NYSE) Potential for Long-Term ReturnsThe Widened Value Spread and Verizon's Position: A Comparison to the Dot-com Bubble Era
The value spread, a measure of the difference in valuation between different assets or sectors, has recently reached levels reminiscent of the Dot-com bubble of 2000. Amidst this development, Verizon stands out as a company that has been overlooked by investors, potentially presenting an opportunity for growth.
Verizon's Resilience in Economic Downturns: Potential to Outperform Mega-Cap Tech Stocks
Despite the widening value spread, Verizon has the potential to outperform mega-cap tech companies during an economic recession. The company's strong financial position, including better interest coverage and credit rating compared to its competitors like T-Mobile and AT&T, puts it in a favourable position to weather downturns more effectively.
The Advantages of Verizon's 5G Infrastructure : Blazing-Fast Connectivity and the Metaverse Effect
Verizon's extensive deployment of super-fast 5G technology in major cities offers a significant competitive advantage. Particularly in the context of emerging technologies like the Metaverse, the company has an opportunity to capitalize on a booming demand for high-speed connections. Verizon is uniquely positioned to benefit from the tailwind it creates.
Verizon's Potential for Long-Term Returns: Projected Annual Returns of 15.5%
Considering the aforementioned factors, it is reasonable to anticipate that Verizon will deliver strong long-term returns. With its solid financial standing, resilient performance during economic downturns, and the advantages derived from its 5G infrastructure, the company has the potential to achieve annual returns of 15.5% over an extended period.
Conclusion:
Verizon's positioning in the current market environment, characterized by a widened value spread and the potential for a recession, makes it an intriguing investment prospect. The company's superior financial stability and infrastructure advantage in 5G technology present significant growth opportunities. By capitalizing on these strengths and the growing influence of the Metaverse, Verizon is well-positioned to deliver attractive long-term returns for investors.
This content is provided for general information purposes only and is not to be taken as investment advice nor as a recommendation for any security, investment strategy or investment account.
Support Became Resistance!!Hi mates, sharing daily chart of Verizon communications as we can see that price level of 36 was acted a good support earlier after a sharp fall in it and after finished a bottom which is looking a rounding bottom pattern with higher number of buying volumes which indicates that change of hands according to the high volume on top or bottom and when the price tried to go up it got regular rejections from that support levels of 36 which became resistance for it now, So we can say it is example when a support turned in to resistance or resistance can turn out in support when after price break that resistance and sustain above that specific levels.
Apart of this I observed on technical grounds that it is giving a breakout now from that resistance and on breakout happened on falling resistance too with god volumes built up so it is looking a good long opportunity it but I am sharing this for learning purpose like for the importance of support and resistance in technical analysis so for that reason not sharing targets nor mentioning the stop loss.
Long support and Volumes-:
According to mine observation about volumes in trading that higher volumes indicates the change of proprietorship between institutions and retails usually high volumes on highest or lower prices levels in any security is a signal of change of hands. like the image I am sharing below that that big volumes generated on the lowest price this time too with matching the previous long support which is looking the pre identification of support (demand zone) and the big volumes happened.
KINDLY NOTE-: This is not and trade or investment advice. This idea is meant for learning.
Regards-: Amit (AR)
VZ | After a Correction Near 35.5 VZ May Rise AgainVZ | After a Correction Near 35.5 VZ May Rise Again
At the beginning of June-22 Verizon Communications completed a perfect harmonic pattern.
Considering how the price reacted after the pattern completion this is increasing the chances that after the price will create any small correction near the 35 - 35.5 price zone it may rise again.
So let's see what will happen during the coming days.
Thank you and Good Luck!
VZ (Verizon Communications Inc.) Buy TF M15. TP = 35.31On the 15 minute chart the trend started on June 2 (linear regression channel).
There is a high probability of profit. A possible take profit level is 35.31
But do not forget about SL = 33.70
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
$VZ - Head & Shoulders Continuation Base Breakout1. Price trading below the key EMAs, which are sloping downwards.
> This market is in a confirmed uptrend
> Our bias is to look for short opportunities.
2. Head and shoulder base formed since October 2022, against the 50 EMA.
3. Breakout from this pattern near the 10 EMA value area, 2 weeks ago.
4. Wait for a qualified trigger to enter short. This could be a retest of the 10 EMA + break of structure in the lower timeframe or an ostensible rejection candlestick in the current timeframe.
5. Take profit: in the highlighted area, which is the upcoming congested area as draw by a volume profile analysis in the higher timeframe.
6. Stop loss: rough 1 ATR below the 10 EMA
0. No line drawn on an chart will enable you to predict the future. That's not what is being done here. This exercise is about stacking odds on our side. And let me tell what, even the best odds can entail that there is a high likelihood that your next trade is a losing trade. Therefore, more than drawing lines on a chart, abiding by diligent risk management principles is of the essence. Trade small, diversify, do not overexpose your portfolio. Rules of thumb like do not put at risk more than 1% of your equity in any single trade and more than 30% of of your equity at risk at any given moment. Only by staying alive will enable to you to be exposed to luck (yes! you bet your ass it plays an overwhelmingly underestimated role)
and good odds.
Cheers,
Tenacious Tribe - Backtested, Quantified Trading Strategies
Bottom in sight far in the VerizonSorry for the bad pun, couldn't resist.
Verizon has obviously been having a hard time.
We're seeing a consistent markdown approaching into the low from 1996 that has held price up for decades now.
It pays ~7% and Verizon isn't going anywhere.
A worthy addition to the turbo boomer dividend account if you're patient.