Verizon Communications Inc. has broken through a line of 56.67. If this breakout holds true, we expect the price of Verizon Communications Inc. to test 54.71 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.
Breach of 56.67 could mean a start of a bearish trend on Verizon Communications Inc.
