First american stock analysis: Verizon
This is my first atempt to approach the american market. I came across with VZ by doing some research through the stock screener of Trading View. To consider a possible entry, or at least just to start paying attention to a determined stock, my first trigger is price crossing EMA 10, along with MACD and RSI status. If every condition is set, I look in the Weekly chart the trend.
In this case, everything look positive, so below goes my trade:
(sorry for my english, i'll get better with time, i'm pretty rusty yet)
Target 1: 50.60
Target 2: 51.76
Target 3: 55 / or let run if cross Weekly trendline
SL: 47.7
In this case, everything look positive, so below goes my trade:
(sorry for my english, i'll get better with time, i'm pretty rusty yet)
Target 1: 50.60
Target 2: 51.76
Target 3: 55 / or let run if cross Weekly trendline
SL: 47.7
First target reached - 50.60
EMA 50 crossed.
Move SL to 49.30
we'll see how it goes...