Use advanced tools to confirm the Rectangle on VZ before you trade.
Sideways movement between parallel supports.
Gradual reversal from bearish to bullish.
Consolidation. Can break either way.
Bullish continuation pattern.
Traders are watching Verizon (VZ) as price action tightens. With a last close of $48.19, volatility remains active (0.78%). Algorithmically, a Rounding Bottom structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $48.65, targeting $53.03 with support near $46.46 (R:R 2.0).
What is your outlook on VZ?