The stock has managed to consolidate a bullish recovery structure that has once again brought it close to its annual highs.
Pro1 PREMIUM Portfolio
Resistances: $60.50-61, $62.
Supports: $57, $56.20, $55, $54, $53, $49.
Targets: (Bearish) $57, $53, $49, $46.20 (Bullish) $62, $65, $70.
Trend structure in VERIZON:
- Short term: Neutral-bearish.
- Medium term: Neutral.
- Long term: Bullish.