Verizon Communications Inc. is heading towards 53.05 and could reach this point within the next 7 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 53.05.
