Verizon Communications Inc. has broken through a line of 50.13. If this breakout holds true, we could see the price of Verizon Communications Inc. heading towards 49.33 within the next 8 hours. 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 50.13 could mean a start of a bearish trend on Verizon Communications Inc.
