Verizon Communications Inc. is heading towards a price line of 55.25 and could reach this point within the next 15 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
A final push expected on Verizon Communications Inc. as it starts approaching a price line of 55.25.
