Verizon in 2 MinsVerizon is close to its 13-Year Low and on a whim I decided to take a look at this stock.
We have fallen below a long-term upward trend and are in a decisive point.
VZ trade ideas
Verizon Communications Inc, Week#29No need to add some, yet.
Wait it bounce back
Support at $33.72
Resistance at35.47
Verizon (VZ:NYSE) Potential for Long-Term ReturnsThe Widened Value Spread and Verizon's Position: A Comparison to the Dot-com Bubble Era
The value spread, a measure of the difference in valuation between different assets or sectors, has recently reached levels reminiscent of the Dot-com bubble of 2000. Amidst this development, Verizon stands out as a company that has been overlooked by investors, potentially presenting an opportunity for growth.
Verizon's Resilience in Economic Downturns: Potential to Outperform Mega-Cap Tech Stocks
Despite the widening value spread, Verizon has the potential to outperform mega-cap tech companies during an economic recession. The company's strong financial position, including better interest coverage and credit rating compared to its competitors like T-Mobile and AT&T, puts it in a favourable position to weather downturns more effectively.
The Advantages of Verizon's 5G Infrastructure : Blazing-Fast Connectivity and the Metaverse Effect
Verizon's extensive deployment of super-fast 5G technology in major cities offers a significant competitive advantage. Particularly in the context of emerging technologies like the Metaverse, the company has an opportunity to capitalize on a booming demand for high-speed connections. Verizon is uniquely positioned to benefit from the tailwind it creates.
Verizon's Potential for Long-Term Returns: Projected Annual Returns of 15.5%
Considering the aforementioned factors, it is reasonable to anticipate that Verizon will deliver strong long-term returns. With its solid financial standing, resilient performance during economic downturns, and the advantages derived from its 5G infrastructure, the company has the potential to achieve annual returns of 15.5% over an extended period.
Conclusion:
Verizon's positioning in the current market environment, characterized by a widened value spread and the potential for a recession, makes it an intriguing investment prospect. The company's superior financial stability and infrastructure advantage in 5G technology present significant growth opportunities. By capitalizing on these strengths and the growing influence of the Metaverse, Verizon is well-positioned to deliver attractive long-term returns for investors.
This content is provided for general information purposes only and is not to be taken as investment advice nor as a recommendation for any security, investment strategy or investment account.
Verizon Communications, week#27Great money flow volume daily
But not good enough for the weekly
Wait till it breaks the upper cloud
If it breaking $37.62, we take it as a confirmation point
$36.27 is our floor
VZ resistance getting weakerNYSE:VZ is at it's lowest point since 2012 , and it's only dues time till it bounces back up, it has hit liquidity a few days ago. I sincerely believe it is to rise up in price.
Support Became Resistance!!Hi mates, sharing daily chart of Verizon communications as we can see that price level of 36 was acted a good support earlier after a sharp fall in it and after finished a bottom which is looking a rounding bottom pattern with higher number of buying volumes which indicates that change of hands according to the high volume on top or bottom and when the price tried to go up it got regular rejections from that support levels of 36 which became resistance for it now, So we can say it is example when a support turned in to resistance or resistance can turn out in support when after price break that resistance and sustain above that specific levels.
Apart of this I observed on technical grounds that it is giving a breakout now from that resistance and on breakout happened on falling resistance too with god volumes built up so it is looking a good long opportunity it but I am sharing this for learning purpose like for the importance of support and resistance in technical analysis so for that reason not sharing targets nor mentioning the stop loss.
Long support and Volumes-:
According to mine observation about volumes in trading that higher volumes indicates the change of proprietorship between institutions and retails usually high volumes on highest or lower prices levels in any security is a signal of change of hands. like the image I am sharing below that that big volumes generated on the lowest price this time too with matching the previous long support which is looking the pre identification of support (demand zone) and the big volumes happened.
KINDLY NOTE-: This is not and trade or investment advice. This idea is meant for learning.
Regards-: Amit (AR)
Verizon on Trend breakVerizon on weekly candle in nearing trend break on uppside. Entry strictly only above trend line closing. Also it is forming W pattern with double bottom formation around 35.
Verizon Communication, week#26If it close above $35.81 next week, let's add some of its shares
But, if it breaks $35.01 hold your cash
VZ | After a Correction Near 35.5 VZ May Rise AgainVZ | After a Correction Near 35.5 VZ May Rise Again
At the beginning of June-22 Verizon Communications completed a perfect harmonic pattern.
Considering how the price reacted after the pattern completion this is increasing the chances that after the price will create any small correction near the 35 - 35.5 price zone it may rise again.
So let's see what will happen during the coming days.
Thank you and Good Luck!
Bullsh Divergence Verizon WeeklyBullish div on weekly chart, bullish divergence on many indicators:
EFI, MACD-H, mLines potentially, ATR Price channel difference
Entry: 35,64
TP1: 38,8
TP2: 39,56
SL:34,2
R/R:
TP1: 1: 2,2
TP2: 1: 2,7
VZ (Verizon Communications Inc.) Buy TF M15. TP = 35.31On the 15 minute chart the trend started on June 2 (linear regression channel).
There is a high probability of profit. A possible take profit level is 35.31
But do not forget about SL = 33.70
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
$VZ - Head & Shoulders Continuation Base Breakout1. Price trading below the key EMAs, which are sloping downwards.
> This market is in a confirmed uptrend
> Our bias is to look for short opportunities.
2. Head and shoulder base formed since October 2022, against the 50 EMA.
3. Breakout from this pattern near the 10 EMA value area, 2 weeks ago.
4. Wait for a qualified trigger to enter short. This could be a retest of the 10 EMA + break of structure in the lower timeframe or an ostensible rejection candlestick in the current timeframe.
5. Take profit: in the highlighted area, which is the upcoming congested area as draw by a volume profile analysis in the higher timeframe.
6. Stop loss: rough 1 ATR below the 10 EMA
0. No line drawn on an chart will enable you to predict the future. That's not what is being done here. This exercise is about stacking odds on our side. And let me tell what, even the best odds can entail that there is a high likelihood that your next trade is a losing trade. Therefore, more than drawing lines on a chart, abiding by diligent risk management principles is of the essence. Trade small, diversify, do not overexpose your portfolio. Rules of thumb like do not put at risk more than 1% of your equity in any single trade and more than 30% of of your equity at risk at any given moment. Only by staying alive will enable to you to be exposed to luck (yes! you bet your ass it plays an overwhelmingly underestimated role)
and good odds.
Cheers,
Tenacious Tribe - Backtested, Quantified Trading Strategies
Bottom in sight far in the VerizonSorry for the bad pun, couldn't resist.
Verizon has obviously been having a hard time.
We're seeing a consistent markdown approaching into the low from 1996 that has held price up for decades now.
It pays ~7% and Verizon isn't going anywhere.
A worthy addition to the turbo boomer dividend account if you're patient.
Bottom visible far on the VerizonPardon the silly pun.
VZ is about to touch the all-time 1 sigma from the listing vwap. This happens to coincide with the level that's been holding it up since 1996.
This pays 7% and is probably going to be important in the coming months.
Verizon isn't going anywhere.
VZ (Verizon Communications Inc.) LONG TF = H1, TP = 37.29On the hourly chart, the trend started on May 18 (linear regression channel).
There is a high probability of profit. Possible take profit level is 37.29
But do not forget about SL = 35.71
Good luck!
Regards, WeBelieveInTrading
Verizon in a Great Accumulation zoneVerizon NYSE:VZ appears to be entering a good accumulation zone. it also pays a good dividend. This is one i plan to accumulate going into the down turn. NYSE:VZ
VZ Verizon Communications Options Ahead of EarningsIf you haven sold VZ here:
Then analyzing the options chain of VZ Verizon Communications prior to the earnings report this week,
I would consider purchasing the 37usd strike price Puts with
an expiration date of 2023-5-19
for a premium of approximately $0.84
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I am interested to hear your thoughts on this strategy.
VZ cup and handle !A cup and handle formation following a Harmonic Gartley Pattern .
This might be a signal of continuation to the upside targeting 44.5 area .
Watchlist 2023-04-06 $SPY $XLC $T $VZ $LITE $KRE $LEVI $KCSPY - pointing lower this morning. Some economic news to be released including nonfarm payrolls, expt 200K. Failure to close above 408 on the 15 min early on would give confidence that we move lower today.
For further confirmation of a trend day, watch for:
$ADD pinned near +\-2000
$VOLD ratio over +/- 3
$TICK cumulating past 0 wicking to +/-900
$XLC - had an unprecedented high vol bar into resistance PD. Roughly 10x the average vol. Because this was into key pivot resistance, expecting lower moves in the communications sector today. $VZ $T. if the spreads aren't too wide, might be best to use options with these to not take up purchasing power as the ATRs of these names are low relative to their price. Verizon also had 12/14 previous bars were green, could likely be due for a pullback here.
Support area is 38.50.
Other communications sector strength includes
$VOD - attaching takeover interest.
$LITE - Rosenblatt Downgrades Lumentum to Neutral From Buy, Cuts Price Target to $48 From $77. down 4.5 ATRs on 0.5 PM RVOL. If it continues to hold lower levels in the PM, a break of 43 could lead to 40 key support. But staying cautions as vol needs to pick up.
$KRE - Watching closely to see how it reacts to 41.30 ATL. If vol picks up and there is a weak bounce on the 5 min, could see lower levels in play. However, this may need a catalyst to move below so I'm open to a long from this level as well. We have see complete reversals from this level on March 23.
Other Watches
$LEVI - Adjusted Earnings Decline, Revenue Rises; Maintains Fiscal 2023 Outlook, Quarterly Dividend
$KC - Kingsoft Cloud's Q4 Net Loss Widens Slightly, Revenue Falls. This news was bullish on March 29 but weakness has continued since.
$CVNA - over 10.30
VZ DEEP VALUE AT 27Short term technicals showing this will likely sell more if the markets turn farther. Dips below the 200ema Monthly have previously marked great buy areas. PE @ 27 based on forward earnings projections. 9.5% yield based on no change assumption. Nations leading 5g provider targeting quality customer base commercial and residential. 5g is an under rated play no one is thinking about right now, as it is needed for all high-speed data systems, ai operations, and military applications.
VERIZON Stock Chart Fibonacci Analysis 030723 1) Find a FIBO Slingshot
2) Check FIBO 61.80% level
3) Entry Point > 37.5/61.80%
