Verizon, sell week 13
Verizon: the decline loses steam as the technical picture stays mixed
Verizon, sell week 13
In Summary
Week 13 of the sell signal on Verizon, and the week closed down 8.6% after the prior week's 2.6-point recovery. The underlying technical picture, though, is telling a story of a decline losing some of its edge: the MACD histogram is improving, and CMF has only just dipped back below zero. The updated technical read on how the trade is evolving.
IQS Phase
75
in tension
Signal Strength
56
decline starting to make lower lows
Sizing
STANDARD
Ranking
#45 / 137
US stocks
Trade P&L %
+7.56%
from signal to today
restricted Platinum content