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.
4VZ trade ideas
$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
$VZ Verizon breakout tradeEntry level $62.40 = target price $70.00 = Stop loss $59.63
Bullish breakout from congestion phase underway.
Very reasonable 15 P/E ratio.
Good yield at 4%
The stock has hit the average analysts price target so expect upgrades.
Company profile
Verizon Communications, Inc. is a holding company, which engages in the provision communications, information and entertainment products and services to consumers, businesses and governmental agencies. It operates through Wireless and Wireline segments. The Wireless segment provides wireless voice and data services and equipment sales, which are provided to consumer, business, and government customers. The Wireline segment offers broadband video and data; corporate networking solutions; data center and cloud services; security and managed network services; and local and long distance voice services. It also offers voice, data and video services and solutions. The company was founded in 1983 and is headquartered in New York, NY.
VZ Breakout all time highsVZ has tested resistance at the 61.5 level, 7 TIMES! That is a key indicator for me to play the breakout especially into all time high territory. I was able to get into this position at $61.5 and will be playing the breakout into new territory.
strategy testing VZtesting parameters
InitCapital = 1000000
InitPosition = 100
InitCommission = 0.075
VERIZON - DAILY CHARTHi, today we are going to talk about the Verizon Communications Inc. and its current landscape.
Verizon Communications Inc. enters in the spotlight of the market as T- Mobile has announced that John Legere will leave the seat of CEO of the company, been replaced by Mike Sievert in April 2020. The former CEO that has been leading the company since 2012 will remain a member of the board. Its replacement Mike Sievert is the current president and chief operating officer (COO). The transaction period seems set to be smooth as Legere will assist with the acquisition process of its rival company Sprint, that it's controlled by Softbank that also holds control of WeWork, where Legere its quoted to be the new CEO. The acquisition of Sprint (an $26 billion deal) makes the T-Mobile step up its potential of competition in the Telecommunications Sector, possibly imposing a reducing of market share for Verizon Communications Inc.
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$VZ Bearish candlesticks pattern suggesting further decline SHOROne of most reliable bearish candlesticks pattern .. Confirmation after break down 58.8 targeting 56.7-55.5 . around 5-7% drop from current price at 59.35 . RSI bearish signal too ..
Verizon Wireless.. Most Hated Consumer Company For A ReasonVerizon Wireless is allowed to operate a truly a corrupt business in every sense of the word,
leading the list of most hated consumer companies for a decade now for a reason.
I recently went thru a truly ghastly experience with this company
simply trying to cancel my monthly Wireless Prepaid Cell plan.
You see with this company, you come to find out that they are more than happy to let you in.
It's trying to get out, or cancel that immediately becomes nearly impossible.
Verizon has an automated computerized answering system that makes it nearly impossible to ever reach a human being.
If you try to cancel on their automated service,you need to speak to a customer service rep to confirm cancellation.
And therein lies the real corruption of this company
You can't reach anyone who can help you, and if you do reach a human being,
they simply transfer your call to another dept, who won't resolve your problem.
I'm not sure how they can get away with this.
They lie, cheat, and steal from customer's all in the name of profit to their bottom line.
Hate is a feeling that I do not find myself usually familiar with.
To say it takes a lot to get me there, is an real understatement.
However, I truly hate Verizon Wireless, and everything the company stands for.
I would suggest that anyone thinking of signing up with Verizon Cell service
should think twice, and then make an appointment to have your head examined
before ever thinking of signing on the dotted line, with this company.
And yes, this is very personal.
THE_UNWIND
10/23/19
NEW YORK
VZ Communications, breakout on horizon?Solid buy, short term hold. Let go at 65 ceiling. Stop loss at passing of previous defined bottom
VZ Verizon Coming into earnings, bull or bear?
Looks like resistance became support, will be tested through the week
VZ Long option Strategy!At the beginning of market opening I am going for 20 Mar 20 options. I will look for OTM strikes so bull put spread would be nice, I don`t have any specific stop loss, my target is 0.40 per contract
$VZ Watch for Bull-flag Breakout in Verizon Entry level $62 = Price Target $74 = Stop loss $60
Alert set for possible bull flag breakout @ $61 , sentiment, fundamentals and technicals are all bullish.
Very reasonable 15 P/E ratio.
Long term growth with 5G adoption.
Company profile
Verizon Communications, Inc. is a holding company, which engages in the provision communications, information and entertainment products and services to consumers, businesses and governmental agencies. It operates through Wireless and Wireline segments. The Wireless segment provides wireless voice and data services and equipment sales, which are provided to consumer, business, and government customers. The Wireline segment offers broadband video and data; corporate networking solutions; data center and cloud services; security and managed network services; and local and long distance voice services. It also offers voice, data and video services and solutions. The company was founded in 1983 and is headquartered in New York, NY.
Verizon (VZ) Longer term BUYVZ is one of the few just turning up now on the 5G rollout. It is at the last sell area before
goes to an new all time high near $72 then $90. The failure short is $57. May see some immediate short term downside, but then up and away we go.
NYSE:VZ
$VZ short positionFor the public record -- I've taken a short position on $VZ at $60.58 this day, October 7th, 2019.
My trade is technical and not sociopolitical, and my analysis is too complex to adequately describe on one chart. Posting the truth of this trade does not constitute a recommendation to anyone to buy or sell any financial instrument.
VERIZON COMMUNICATIONS, BEARS TAKING THE MOVE $VZPrice rejected the strong blue resistance zone.
Target is around 54.5, which is located in the the lower blue zone.
Always keep it simple ;).
