Verizon's most recent trend suggests a bearish bias. One trading opportunity on Verizon is a Bear Call Spread using a strike $47.00 short call and a strike $52.50 long call offers a potential 6.8% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $47.00 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $5.15 would be incurred if the stock rose above the $52.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Verizon is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Verizon is bearish.
The RSI indicator is at 24.5 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Verizon
Here’s why you’ll pay less for your wireless plan next year
Tue, 16 Dec 2014 23:21:33 GMT
Fortune – Carriers like Verizon, AT&T and T-Mobile are fighting a price war that could last months
Google and Verizon strike a deal to use each other's patents
Tue, 16 Dec 2014 22:48:00 GMT
Could AT&T, Verizon Pull Off Radio Spectrum REIT?
Tue, 16 Dec 2014 22:37:00 GMT
Google Cuts Patent Deal With Verizon
Tue, 16 Dec 2014 21:34:13 GMT
The Wall Street Journal – Google Inc. and Verizon Communications Inc. have entered a long-term patent cross-license agreement to reduce the risk of future patent lawsuits.
T-Mobile Data Rollover Plan Latest ‘Uncarrier' Salvo
Tue, 16 Dec 2014 20:37:00 GMT
Investor's Business Daily – T-Mobile US (TMUS) will allow customers to roll over the unused portion of their wireless data plans, in its latest “Uncarrier” branded promotion. Amid an industry price war that has pummeled …
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