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Verizon Communications Inc. has broken through resistance of a Inverse Head and Shoulders. It has touched this line at least twice in the last 6 days.

Verizon Communications Inc. has broken through the resistance line of a Inverse Head and Shoulders. It has touched this line at least twice in the last 6 days. This breakout indicates a potential move to 57.87 within the next 9 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.

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