Verizon Communications: Expected To Rise Towards Its Resistance Level At Around $49
Today’s instrument is Verizon Communications Inc. which is traded on NYSE under the ticker VZ.
Looking at the VZ’s chart of the past days, we can see that it is in a downward trend, currently traded at around $47.74.
Today it is announcing its quarterly earnings and if the market’s anticipation is positive then it could rise towards its resistance level at around $49 otherwise it should fall towards its support level at around $46.20.
(Click on image to enlarge)
More By This Author:
GBPUSD: An Expected Rise Towards Its Resistance Level At Around 1.2050
Intel: Expected To Drop Towards Its Support Level At Around $37
XAUUSD: Expected To Rise Towards Its Resistance Level At Around $1720
Disclaimer: Trading is risky. Information presented herein is not to be construed as a solicitation or an offer to buy or sell any Financial Instrument or to participate in any trading ...
more
Comments
