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

Verizon Communications Inc. is moving towards the support line of a Support. Because we have seen it retrace from this positions in the past, we could see either a break through this line, or a rebound back to current lines. It has touched this line numerous times in the last 39 days and may test it again within the next 3 days.