After testing resistance twice in the past, Verizon Communications Inc. has finally broken through. Can we expect a bullish trend to follow?

The breakout of Verizon Communications Inc. through the resistance line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of Verizon Communications Inc. to test 56.08 within the next 5 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.