If past 60 and monthly candle closes above 60 then its a long term buy.
Earnings were reported today and beat the estimates so keep that in mind. The technicals though look bearish IMO. We have hit a major trend line which so far hasn't been broken and looking at the size of the wick we hit a lot of selling pressure. Also we have created a Bearish Bat pattern which was completed when we touched the trend line. Would have been the...
VZ is making a double bottom within the designated channel. Using Fibonacci Retracement levels, we see the support at $53.5, seems to align well with the 38.2% level. Because the 61.8% level was broken, I expect the path of least resistance to be higher.
Hello traders, Description of the analysis: Verizon s/r zones, gray supports are good for investment. Trade what you understand, trade carefully and sparingly according to the business plan. About me: Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options....
#Verizon Communications is just between 50SMA and 100§200SMA. Volume is below the average and needs more in to break out the SMAs
#Verizon Communications is breaking out 50dayMA. needs to hold above $56.71
Rsi just broke and tested back the trendline. It is holding above weekly 200MA for second week. watch to break above $55.93
Here's yet more BULLISH news for VIACOMCBS (VIAC) We feel along with several other large institutional investors that VIAC is DIRT CHEAP! News Releases.. www.benzinga.com www.gurufocus.com DISCLAIMER This website and our posts are for general information only. No information, forward looking statements, or estimations presented herein represent any final...
Good close over the 2 day 89 EMA and a bullish cross on Stoch RSI.
hey traders, it looks like the breakout above the previous structure high in December was false! the market was trading about 1 week above 61.0 resistance and then dropped. Now it looks like the market is forming a classic reversal pattern - head and shoulders pattern. currently, the price is completing the right shoulder. I suggest setting the alert below...
Looks like resistance became support, will be tested through the week
Price rejected the strong blue resistance zone. Target is around 54.5, which is located in the the lower blue zone. Always keep it simple ;).
After many years of downside after reaching a peak NYSE:VZ , seems to be trying to go on an uptrend again and break the previous resistance, an ascending triangle formation has been taking place for quite some time now, hitting it's head against the same resistance while continuously making higher lows, this is a chart to keep an eye on and buy a possible...
Ericsson earnings trend has been growing on earnings since Q1 of 2018. (check chart for more info.) We also received the following news today (07/15/2019 by MT Newswires : -- Verizon Communications (VZ) and Ericsson (ERIC) said on Monday they have introduced cloud native, container based technology on the core of Verizon's network in a trial, the first...