TMUS, VZ, S all eating away at the bottom lineCompetition from Verizon (VZ), T-Mobile (TMUS) and Sprint (S) has cut into T's margins and bottom-line earnings and the chart set up isn't looking good here
VZ
Possible VZ Pennant Looking to see if VZ trades sideways on 2/16 to continue this pennant formation. IF we breakout I would look to place my entry at $50 slightly above 2/14 HOD wick.
Event Verizon Hi guys, I've had a Verizon phone for over 10 years but never looked at VZ. Boooolish! Keep away from your head when talking.
New Long Available on VZ after last trade hit TPAnother WK demand area created with 3M Demand in control. Previous trade posted hit profit target last week.
Verizon tests resistance line at 50% fib retracement- short termVZ has had a good run, while other tech stocks plummet, VZ seems to be holding on to its lead. This is the third time it battles with the $50 mark, while it's latest cycle downward has bounced and hit this resistance line. If resistance is broken and VZ actually closes above the 50%, we can see good upward movement. However, expect stock to linger, perhaps another dip, as it struggles to gain traction at this level.
Next level up, short term would be $51.49. Next level down we would see a retrace back to $46.15 ish. I'm purchasing more on the dip, if it comes.
October 19 Earnings: Verizon Communications: Recovery TimeThe company has been under immense pressure overcoming spectrum crunch and stiff competition in a saturated market.
Verizon's purchase of Yahoo!'s services will allow the company to boost its online offerings and penetrate a new market.
The company's new prepaid offering will aid revenue streams as well.
Weaknesses in the company is impact from Hurricane season with decreased services output.
A further weakness is the still saturated market with stiff competition forcing lower prices.
I believe the company's turnaround phase is in full effect and the company should report a solid beat.
I'm starting Verizon with a $52.50 PT for the post-earnings move.
SLIGHT MOVE UP, BEFORE NEXT DROPHistorically when the TSI reaches this level, VZ rises at least 1.08% and moves an average of 3.10%. Most movement is between 2-3%. My conservative play is a movement to at least 55.75 over the next few weeks.
The previous movement from bottom to top in this trend channel took 52 trading days and the total move was 24.43%. I have laid out where those levels would be in this instance. the 52nd trading day is outside of my time period that I monitor but movement could still reach that level which is around 57.30. So far we are 35 trading days since the bottom was last attained.
$VZWatching $VZ waiting for full stochastics pull back. It looks like it broke down from upward channel.
VZ Verizon - Short with couple reasonsLT resistance and the confluence @ the CL give me the right to short VZ.
P!
$VZRising wedge with bull flag in it. If you decide to get in take light position considering overall market conditions
VZ - VERIZON MORE UPSIDE AFTER THE CORRECTIONVerizon is in a corrective phase, i'm expecting more upside when this correction is completed.
VERIZONEVerizone is gone. May be some new highs coming in and that is why I kept the red line dotted. Once the top is in and uptrend is gone, guess what? Needs to fall. In few months though as it is monthly chart. The bottom red line may act as a guide in future but only time can say. Thanks.
techcrunch.com
VZ at bullish KUMO crossIchimoku Kumo trade - Awaiting Kumo cross - Trigger at cross
Upward
Entry 53.35
TGT1 54.47
TGT2 ???
VZ - try to get a better price for this long-term stock.VZ ( Verizon ) had this very boring sideways action on weekly charts - and in 2016 it broke higher. This stock could follow the market lower in any correction, but I am waiting for a good entry point for a BUY, as I see very good long-term prospects.
DOW JONES OVERVIEW: VERIZON IN UNCERTAINTY, ON SHORT TERM RISKAt least stock price wise, not all is looking good for Verizon...
Trading between macro means on long term basis, price signalling uncertainty. Price has recently failed 5-year mean at 44 and is now between it and 10-year mean at 38. No trend on macro basis is an outlier, indicating that currently long term institutional investors are unsure regarding this company.
On short term basis VZ is on a risk of further decline, as it is trades below 1st st deviations from both quarterly and yearly means
Both short term levels are above 5 year mean, so as long as price will be trading below 44, it risks to fall onto the 10-year mean at 38
Trade #12: Long VZ - 29 Aug 2014Long VZ @ 49.53 SL 49.18
Sentiment: Choppy Range turns volatile
Buying the bear trap
Expect to make a higher high or double top
VZ Riding SupportVZ has come to trade in a nice little squeeze of a channel here for the past week. This support level also happens to be the .618 of the bigger picture leg. Momentum continues to see higher lows which should lead to this level holding up and a retest to the next resistance level.
