Verizon Communications Inc. has broken through the support line of a Triangle technical chart pattern. Because we have seen it retrace from this position in the past, one should wait for confirmation of the breakout before trading. It has touched this line twice in the last 40 days and suggests a target line to be around 55.03 within the next 2 days.
Related Posts
Important price line breached by PYPL. This price has been tested numerous times before.
The breakout of PYPL through the 72.5600 price line is a breach of an important psychological price that…
META is approaching a resistance line of a Rising Wedge. It has touched this line numerous times in the last 57 days.
Emerging Rising Wedge pattern in its final wave was identified on the META 4 hour chart. After a…
After experiencing 5 consecutive 4 hour bullish candles in the space of 5 days, nobody knows where AVGO is headed.
AVGO has experienced an unusual quantity of bullish candles on the 4 hour timeframe. This is in the…