09.01.2023 03:39 PM
Green line- resistance
Blue lines- Fibonacci extension targets
Red lines- bullish divergence
VZ stock price ended last week above the $42 price level. Our first target has been achieved and there is potential for VZ stock price to reach our second target at $44,40. Price continues making higher highs and higher lows. Short-term trend remains bullish. Previous resistance at $39.50 is now support. The RSI has reached overbought levels in the Daily chart and a pull back is not out of the question. We could see a back test of the broken resistance but overall I would expect more upside to be seen over the coming weeks towards our second target.
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
