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Verizon Communications Inc. is approaching 53.70. We expect either a breakout through this line, or a rebound.

Verizon Communications Inc. is heading towards a line of 53.70. If this movement continues, the price of Verizon Communications Inc. could test 53.70 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.

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NAS100 has broken through resistance of a Triangle. It has touched this line at least twice in the last 28 days.

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