Important price line breached by Verizon Communications Inc.. This price has been tested numerous times before.

Verizon Communications Inc. has broken through a line of 61.02 which it has tested numerous times in the past. We have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 60.15 can be expected within the next 2 days.