Verizon Communications Inc. is heading towards a line of 58.70. If this movement continues, we expect the price of Verizon Communications Inc. to test 58.70 within the next 17 hours. 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 just like it did in the past.
Verizon Communications Inc. is quickly approaching 58.70. We expect either a breakout through this line, or a rebound.
