Verizon Communications Inc. is heading towards 53.75 and could reach this point within the next 12 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
A final push possible on Verizon Communications Inc. as it starts approaching a price line of 53.75.
