Use advanced tools to confirm the Descending Triangle on VZ before you trade.
Bearish continuation pattern.
Traders are watching Verizon (VZ) as price action tightens. With a last close of $45.37, volatility remains active (-1.03%). The primary technical feature is a Descending Triangle formation. The trend indicator is reading 26.5/100, suggesting moderate momentum. A potential breakout level is identified at $44.3, targeting $39.64 with support near $48.21 (R:R 1.19).
What is your outlook on VZ?