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Verizon Communications Inc. – approaching a price line that has been previously tested numerous times in the past

Verizon Communications Inc. is moving towards a resistance line. Because we have seen it retrace from this level in the past, we could see either a break through this line, or a rebound back to current levels. It has touched this line numerous times in the last 9 days and may test it again within the next 8 hours.

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After testing 7574.0000 numerous times, UK100 is once again approaching this price point. Can we expect a bullish trend to follow?

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