Verizon: ⬆️ Buy
– Verizon broke key resistance level 48.75
– Likely to rise to resistance level 51.45
Verizon recently broke above the key resistance level 48.75 – which has been reversing the price from the end of April – stopping previous waves A, B and 1.
The breakout of the resistance level 48.75 accelerated the active minor impulse wave 3 that belongs to the intermediate impulse wave (3) from the start of August.
Given the weekly uptrend, Verizon can be expected to rise further to the resistance level 51.45 – which reversed the price multiple times in March.