Use advanced tools to confirm the Double Bottom on VZ before you trade.
Reversal pattern after a downtrend.
Market participants tracking Verizon should note the latest formation. The stock is trading at $45.48, up 0.13% on the day. Algorithmically, a Double Bottom structure has completed. This setup is supported by average volume turnover. A potential breakout level is identified at $50.91, targeting $57.56 with support near $47.59 (R:R 2.0).
What is your outlook on VZ?