Verizon's most recent trend suggests a bullish bias. One trading opportunity on Verizon is a Bull Put Spread using a strike $54.50 short put and a strike $49.50 long put offers a potential 5.04% return on risk over the next 3 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $54.50 by expiration. The full premium credit of $0.24 would be kept by the premium seller. The risk of $4.76 would be incurred if the stock dropped below the $49.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Verizon is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Verizon is bullish.
The RSI indicator is at 47.64 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Verizon
When Will Ultrafast Internet Come to Your Phone?
Mon, 17 Sep 2018 04:00:05 +0000
A surge in mobile-data demand worldwide has more and more people asking when they’ll get that speedy next-generation 5G mobile service. Nokia and Ericsson AB each have $3.5 billion contracts with T-Mobile US Inc. Some telecommunication companies are looking to join forces to provide more money and reach to develop 5G networks.
As MeToo storms the world, some techies are forming men's groups to talk about their emotions
Sun, 16 Sep 2018 13:50:00 +0000
Several digital media and technology leaders have recently embraced small men's-only groups to express their feelings. Andrew Horn founded his group, Junto, as a reaction to MeToo. The purpose of the men's groups is to encourage men to learn how to have better professional and personal relationships, but there are some dangers to men's-only groups, say psychologists.
Verizon's see 5G as game changer for public safety and transportation
Sun, 16 Sep 2018 13:25:45 +0000
At MWC Americas 2018, TechRepublic spoke with Sean Harrington, VP City Solutions at Verizon, about how Verizon's 5G network will affect transportation, public safety, and video streaming in the home.
Where Will Frontier Communications Corporation Be in 5 Years?
Sun, 16 Sep 2018 12:17:00 +0000
The company hasn't been moving in the right direction lately.
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Sat, 15 Sep 2018 15:29:00 +0000
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