Verizon Communications Inc. is moving towards the resistance line of a Resistance. 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 7 days and may test it again within the next 16 hours.
Verizon Communications Inc. – approaching a price line that has been previously tested numerous times in the past
