Use advanced tools to confirm the Rounding Bottom on VZ before you trade.
Gradual reversal from bearish to bullish.
VZ is showing interesting structural developments at $46.38. Currently at $46.38, the asset is showing upward momentum (5.84%). Price action has carved out a classic Rounding Bottom. The trend indicator is reading 64.1/100, suggesting high momentum. A potential breakout level is identified at $47.4, targeting $54.73 with support near $43.74 (R:R 2.0).
What is your outlook on VZ?