VZ Support/Resistance Pre Earnings.VZ at the lower end is forming a cup formation, might feed right into earnings
VZ trade ideas
VZ - Now or never !Welcome back my dear subscribers, today we will take a look at verizon . NYSE:VZ
Since our last entry, verizon corrected nearly -8%, so everything went according to the plan.
Finally, Verizon shows an upward impulse and we must use this opportunity to go long.
Primary scenario:
Verizon has not dropped below the last bottom and has formed a solid impulse.
Thus, we should see price increases in the coming days and weeks. These will take us to prices of atleast $70 in the mid-term.
From there, a small correction (wave 4) should take place and should clear the way to higher prices.
Alternative scenario:
There is a possibility that Verizon could correct even harder and set us back to price levels of $50-$52.
However, this scenario only comes into effect when the crucial mark of 55.94$ and thus our stop loss is broken.
In consideration of the profit opportunities on the upside, this remaining risk can be accepted.
See our last update on verizon, we correctly predicted this small correction.
Current setup:
Entry: 57.91$
Profit target: 70$ and more !
Stop-Loss: 55.94$
VERIZON COM TWO ENTRIES AVAILABLE FOR 7% RETURNVERIZON COM is showing a nice support area at $57 holding the price as expected.
At the open a LONG POSITION is possible with a potential of a +7% RETURN at $62
In case the support area at $57 is showing weakness a second support area at $55 is expeted to hold the price for a better entry.
Verizon buyMy thoughts on Verizon action
We are at an ideal time to go long in this action, this Monday I will go long with a StopLoss at 55.97 and a first TakeProfit at 61.
I'm going to close part of the action at 61, because between 60.7 - 62.2 it has a resistance that has never been able to break.
Since November 2018 the price tried 10 times until today to break that barrier without success.
To do this, you have to be careful, have a defined StopLoss before opening the operation.
In the case that I present, if the trade is favorable, we have a risk / reward ratio of 2.31.
For actions that I usually do in the long term, I do not recommend never entering a action without earning at least a risk / reward ratio of at least 2.
If the price could finally break the barrier it has had since November 2018, then the price could go to 66.
This is just my thought about this action, it doesn't have to be fulfilled.
If it is not fulfilled I would enter the StopLoss, if it is going to work well, then in 61 I would take off half of the shares, and the remaining shares would put a positive StopLoss and hold them in the long term.
Not really sure if this worksHere's the thing, Idk if any of this stuff is correlated. Identified a bearish channel we've traded in for a while and have noticed the EMAs begin to creep out. Does that forecast a reversal in the price movement? Let's see. Also interested how the EMAs respond to the yellow level of support turned resistance
Verizon $VZ Pre Breakout IdeaPossible breakout of the bull flag soon, or otherwise 2 possible pullback trajectories before breaking out and return to pre-covid levels.
Big parternship with Apple 5G in the USA, Christmas incoming, other smaller partnership with SNAP and other tech companies.
Price target 65$ for the end of the year.
Seems like it's gonna be a bull 2021 year for VERIZON.
Verizon Buy at USD 58Bullish on verizon, temporary retracement at USD 58.
Verizon is a 5G network provider in united states, its service is available to 200million users in 60 cities.
Positive cash flow and positive net profit. it has the capacity to grow in the next few years.
cant argue this uptrendbut ask yourself is 40-60 in 7 years a good move? in my opinion no.. but we are all different and this can be a great buy for some people. one thing im certain about is never touching options on this if it has any. might good a good longterm hold for shares if you dont mind a slow mover. goodluck as always my friends :)
VZ - Can you hear me now?Welcome back to another dow30 analysis, this time we take a look at Verizon! NYSE:VZ
Verizon is one of the most popular tech-company in the united states and also holds a place in the dow.
Since the bottom in march Verizon could gain atleast 23%, compared to apple or microsoft, this doesn't seem that much.
In the long term, the growth opportunities in Verizon are much higher and prices of 120 are possible in the next few years.
Expected scenario
Verizon has just completed green wave 1 and is in an ABC correction which will bring us to prices under 59$.
A low will form in this area and Verizon will start its journey to higher prices. In the next months and years we could reach prices over 120$ or even more, so stay tuned!
Alternative scenario
If Verizon breaks the red resistance line, we will start to much higher prices and we won't see a bigger correction in the next days.
If this should happen in the next few days I will look for a profitable entry.
Regardless of which scenario comes to pass, I will go long soon.
VZ will be at 71 if you want to buy VZ you should wait until it breakout the resistance at 61.90 and if it breakout, the price will go 71
Verizon Break 62 +\-?Verizon back flirting with a break above 62
Likely to have a floor based off its dividend status
Could play for the break out but prefer to scoop calls on any weakness
Don't expect it to light the world on fire if its does continue higher a couple bucks will do
Long VZA good setup again with trending up EMAs.
Worst case stop might be 61 ish.
Can have a pilot long.
$VZ with a possible breakoutWith this stock, I think it is ready to breakout, it has been inside a massive channel for quite a while now. This stock is sort of a slow mover so above $62 would be a great entry for calls, put time on it if you can afford the premium. I can definitely see V hit $70 in the first half of this year. Keep an eye out on this sleeper
