May 9, 2018

 

 

Anyone can recall, the last time we look at Verizon Communication Inc was in 2016, October 2016. A long long time ago.

 

We study VZ Weekly Chart. See chart for more.

 

 

 

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Let’s study VZ Verizon Communications Inc  stock chart again. 

US Stock Analysis – Chart Stories

Verizon Communications Inc and MA Wave

Study Verizon Communications Inc stock price using Moving Average, instead of just one MA, one MA with different period. Let try use the same period such as 34, and apply the high, low and close. In this case the three MAs become a band, we call the band wave, or river. See chart, picture worth a thousand words. The price action zip up zip down the MA band. From the start of 2017, the price action zip down the MA and stay below until August. Then the price action begin to cross up the river, the MA band, and stay above. But this does not last, in 2018, the price action start to fall below the MA band, and stay below. The MA band is slopping down too. Only until April, the price action try to fight back to close above MA, but again fail. Can the stock price finally close above MA wave. Will see. Manage your risk.

 

 

VZ Verizon Communications Inc and Support Resistance

Picture worth a thousand words, see chart. We use the month high low, or month support resistance to determine the stock trend. We see the stock price keep forming higher resistance, see chart. But at the same time the support also keep going lower too, see the two trendlines. The price action are wide open. The stock price is very volatile. Manage your risk.

VZ Verizon Communications Inc and MACD

Let study the stock chart using another tool such as MACD indicator. See the MACD and MACD-H was below zeroline, and it cross above zeroline. Can this continue to stay above zeroline? Will see. Manage your risk.

 

 

Verizon Communications ranked number two in 2017. Let’s do a correlation in the next posting. Have fun!

Major Telco in US or Top 10 Telecom Companies in USA 2017

If you google the Top 10 Telecom companies in USA, and you will find a list like below.

The following are the Top Telecom Companies in USA 2017, the list are based on Revenue, Subscribers and Profit.

1st Place : AT&T

2nd Place : Verizon Communications

3rd Place : Comcast Corporation

4th Place : Charter Communications

5th Place : T-Mobile USA

6th Place : Sprint Corporation

7th Place : CenturyLink

8th Place : Dish Network

9th Place : Cox Communications

10th Place : US Cellular

Moses US Stock Desk

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