The breakout of Verizon Communications Inc. through the 56.62 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Verizon Communications Inc. to test 56.01 within the next 9 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
After testing the resistance line numerous times, MRNA is once again approaching this line. Can we expect a bullish trend to follow?
MRNA was identified at around 28.25 having recently rebounded of the support on the 4 hour data interval.…
BRK.B heading towards a price it has tested 4 times in the recent past.
A strong support level has been identified at 483.8650 on the 1 hour BRK.B chart. BRK.B is likely…
After testing support twice in the past, BABA has finally broken through. Can we expect a bearish trend to follow?
BABA has broken through the support line of a Triangle technical chart pattern. Because we have seen it…