SamSuka
The Long Investor
The Long Investor

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$VZ - RC -

$VZ has just been glued to our projection and I know there is interest in $VZ as it has a high 7.95% dividend yield but for me this is just not worth it right now as it declines at a much higher rate.

We can see that the price rejected at the bull/bear case resistance line at $34.50, further confirming the downward trend and I see this comfortably in Wave 5.

If you can buy at my Wave C level and we see signs of stabilising or reversing, then this is certainly a stock to consider....as you will experience a high dividend yield and a stock price increase too.

$VZ - RC -

Comments

Update?

Ramon

Very interested in this one! Looks like I’ll be waiting.

Trader_MattPro


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