Should we expect a bearish trend on Verizon Communications Inc.?
The breakout of Verizon Communications Inc. through the 56.74 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of Verizon Communications Inc. to test 56.06 within the next 10 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
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