Verizon Communications Inc. has broken through the support line of a Descending Triangle. It has touched this line at least twice in the last 11 days. This breakout indicates a potential move to 58.77 within the next 8 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.
Verizon Communications Inc. has broken through support of a Descending Triangle. It has touched this line at least twice in the last 11 days.
