Verizon Communications $VZ Investment Report

Longer Term Trading Plans for VZ
  • Buy VZ slightly over 36.70 target 40.72 stop loss @ 36.59 Details
  • The technical summary data tells us to buy VZ near 36.70 with an upside target of 40.72. This data also tells us to set a stop loss @ 36.59 to protect against excessive loss in case the stock begins to move against the trade. 36.70 is the first level of support below 38.26 , and by rule, any test of support is a buy signal. In this case, support 36.70 is being tested, a buy signal would exist.

  • Short VZ slightly under 40.72, target 36.70, stop loss @ 40.84 Details
  • The technical summary data is suggesting a short of VZ as it gets near 40.72 with a downside target of 36.70. We should have a stop loss in place at 40.84though. 40.72 is the first level of resistance above 38.26, and by rule, any test of resistance is a short signal. In this case, if resistance 40.72 is being tested, a short signal would exist.

Swing Trading Plans for VZ
  • Buy VZ slightly over 38.48, target 40.72, Stop Loss @ 38.37 Details
  • If 38.48 begins to break higher, the technical summary data tells us to buy VZ just slightly over 38.48, with an upside target of 40.72. The data also tells us to set a stop loss @ 38.37 in case the stock turns against the trade. 38.48 is the first level of resistance above 38.26, and by rule, any break above resistance is a buy signal. In this case, 38.48, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short VZ slightly near 38.48, target 37.75, Stop Loss @ 38.59. Details
  • The technical summary data is suggesting a short of VZ if it tests 38.48 with a downside target of 37.75. We should have a stop loss in place at 38.59 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 38.48, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for VZ
  • Buy VZ slightly over 38.61, target 40.72, Stop Loss @ 38.52 Details
  • If 38.61 begins to break higher, the technical summary data tells us to buy VZ just slightly over 38.61, with an upside target of 40.72. The data also tells us to set a stop loss @ 38.52 in case the stock turns against the trade. 38.61 is the first level of resistance above 38.26, and by rule, any break above resistance is a buy signal. In this case, 38.61, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short VZ slightly near 38.61, target 38.09, Stop Loss @ 38.7. Details
  • The technical summary data is suggesting a short of VZ if it tests 38.61 with a downside target of 38.09. We should have a stop loss in place at 38.7 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 38.61, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

VZ Ratings for March 05:

Term →Near Mid Long
Rating Weak Neutral Weak
P1 0 0 32.79
P2 38.09 37.75 36.70
P3 38.61 38.48 40.72
Triggers may have already come
Chart of VZ with Longer Term Pivots

VZ Long Term Analysis for March 5 2023

Blue = Current Price
Red= Resistance
Green = Support

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This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Verizon Communications (NYSE: VZ) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for VZ change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

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Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if VZ is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for VZ too.  All of these are offered below the Summary Table.