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Verizon Communications Inc.
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VZ climbs to 100SMA

Oleh Apollo_21mil
VZ is looking to take the teal line which has had a lot of action the past few months. The 100SMA is colliding with price action. I entered VZ long around 31$ and have held onto it as a recession play with the safe dividend and apparently bottomed price action. The company beat on earnings which gave fuel to the forgotten about value stock. The next target is 37.5$, I am eyeing another DCA if this teal line can become a multi-day support.
Support and ResistanceTrend Analysis
Apollo_21mil
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