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Verizon Communications Inc. – approaching a price line that has been previously tested numerous times in the past

Verizon Communications Inc. is moving towards the support line of a Support. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 21 days and may test it again within the next 20 hours.

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GER30 is quickly approaching 15578.0000. We expect either a breakout through this line, or a rebound.

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