Verizon (VZ) possible shortWeekly/Daily chart technical wave analysis -- looks like opportunity to short after some consolidation under the trendline here.
VZ trade ideas
$VZWatching $VZ waiting for full stochastics pull back. It looks like it broke down from upward channel.
Verizons Chart says it all. Verizon has been on an ABCD wave count for the past few months. It has lined up with 61.8% as well as a C count for a move higher within the next few weeks.
VZ Long on long term technicals Long VZ on two major technical support indications at ~52-52.50. On the daily chart dating back to mid 2013 the ~51.50 region acted as strong resistance. We now look to this region as possible support. This also coincides with an upward trending channel which has formed over the last year. Currently, VZ sits at the bottom of this channel at support in the ~52-52.50 range. I look for an entry here at 52.25 with a price target of 56.00 and a stop of 51.25. RR of 100/375. If you follow my 10000 USD base account recommendations I advise a 100 share long position.
Good place to long$VZ stock has declined a bit from its July high but the techinals are suggesting a turn around. Stock RSI is oversold and RSI is approaching the bottom range. A tight stop at previous support turned resistance (51.60) insures not much will be lost if this does not pan out. Add on to this $VZ provides a nice dividend(4.3%) and it could be worth holding if there is further consolidation before upswing.
VZ Verizon - Short with couple reasonsLT resistance and the confluence @ the CL give me the right to short VZ.
P!
$VZRising wedge with bull flag in it. If you decide to get in take light position considering overall market conditions
VZ - VERIZON MORE UPSIDE AFTER THE CORRECTIONVerizon is in a corrective phase, i'm expecting more upside when this correction is completed.
VERIZONEVerizone is gone. May be some new highs coming in and that is why I kept the red line dotted. Once the top is in and uptrend is gone, guess what? Needs to fall. In few months though as it is monthly chart. The bottom red line may act as a guide in future but only time can say. Thanks.
techcrunch.com
VERIZON DAILY...HAVING BROKEN OUT ABOVE LONG HELD RESISTANCE, VZ IS LIKELY TO RETEST 60 DOLLAR PRICE AREA..LOOK FOR A BULLISH CANDLE PRICE ACTION ON THE 4HR OR THE 1HR CANDLES AS RETRACES BACK TO THE RESISTANCE-TURNED-SUPPORT TO GET LONG...
Verizon Monthly Harmonics. Will it survive BREXIT volatility and its new highs ?
Odds are not in favor.
Price moved faster than MACD curve. RSI is in sync.
VZVZ has been rallying as it's expected to do better on next month earning.
Daily 1SD / $1.30
Target 1: $53 Close 1/2 of my position here.
Weekly 1SD / 2.80
Target 2: $54 Close all my positions here.
Verizon on its way up to the AlltimeHigh?Verizon was traded in a very volatil sidewards-range between 2013 and 2016. The little selloff under the several times tested Support levelat 45,5$ formed a bullish H&S Pattern. This false Breakout was a very good basis for the break of the downtrend and the youngest rally to the big resistance Level at 54$. Verizon tested this niveau three times - and all good things come in threes!
Now several trading ideas appear:
- Anticyclical Long Position: Entry now (@ 38,2 fibo from the latest swing) with SL below the downtrends upper edge at 49$ or 47,5$ (sma 200) TP could be 54,5 (former High)
- Cyclical Long Position: Stoppbuy above the BIG Resistance Level ( 53,8-54,5), SL 52$ and TP 62$
-Short Position: Entry below the downtrends upper edge @ 48,5/SL 51,5 and TP 38,5
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VZ at bullish KUMO crossIchimoku Kumo trade - Awaiting Kumo cross - Trigger at cross
Upward
Entry 53.35
TGT1 54.47
TGT2 ???
VZ - try to get a better price for this long-term stock.VZ ( Verizon ) had this very boring sideways action on weekly charts - and in 2016 it broke higher. This stock could follow the market lower in any correction, but I am waiting for a good entry point for a BUY, as I see very good long-term prospects.
Verizon - Swing - Long
Sideway price movement w/ price contractions
Volume contracting at the same time
Weekly chart ended w/ NR7 & NR3 combo
Weekly confirms, again, on sideway price movement and volume contraction
