VZ

Textbook accumulation patterns.
Range to $46.23 (12%) if this candle can flip green, reclaiming $41.25 as well as the anchored VWAP, which is just a fancy trend line.

Below $41.25, the stock is currently in a downtrend and not actionable.

If institutions are going to get this stock moving, it’s going to be ignited off $39.49, the largest DP on record.
This adds confluence to how powerful a reclaim of $41.25 could be.

This stock has been compressing for over 25 weeks with what look like clean accumulation patterns.
Price + volume compression can lead to explosive moves.
Again, adding confluence to how strong a break over $41.25 could be.

Since GOOGL gapped to begin the week and never gave a chance to enter, I thought I’d send this out today for something else to watch.

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