VZ trade ideas
In a Perfect WorldAn update the chart i posted yesterday...Lets see what VZs response is to Sprint because it could be the catalyst I'm looking for at this current buy level
Verizon (VZ)Interesting title that allows a dividend yield of more than 5.0%.
We believe that t potential is vinteresting with a mid-term target of 50.00 dollars.
Verizon looking readyRSI looks good. Give it another day.
I like the setup. Biased Long. Trade not entered yet.
Buy the DOW... I mean the DipLooks like a nice buy and hold opportunity for all you dividend investors
VZ VerizonTook AO cross as buy signal, momentum slowing some. Stop at $44.84 Can we get a run up before earnings report mid late July
Verizon Ascending Triangle EntryVerizon (VZ) is showing strong bullish signals and an ascending triangle pattern. It is currently at a great entry point. This is a good 10-20 day trade (somewhere between a swing a medium term play).
Strategy:
- Enter LONG immediately. Set price target just below previous peak at $54.50. Set stop loss below support line at $48 (can be adjusted based on time value).
Other notes:
- Keep an eye on this stock. It's an ascending triangle! If price action breaks through the resistance line (~$56.50) and remains there for a second consecutive day, re-enter the position long with another price target of $61, but immediately exit the position upon seeing "choppiness" in the candlesticks. That is, when the candlesticks start to show long sticks to the upside.
