Verizon Communications Inc. has broken through a line of 53.70 and suggests a possible movement to 54.90 within the next 18 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 21 days.
Big movement possible on Verizon Communications Inc. after a breach of 53.70
