The breakout of Verizon Communications Inc. through the support line of a Triangle could be a sign of the road ahead. If this breakout persists, we expect the price of Verizon Communications Inc. to test 58.69 within the next 3 days. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing support twice in the past, Verizon Communications Inc. has finally broken through. Can we expect a bearish trend to follow?
