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Worden Discussion Forum » General Discussions » Stock and Market Talk » Verizon - VZ

Verizon - VZ Rate this Topic:
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Pharmboy
Posted : Friday, February 10, 2006 9:44:15 PM
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Joined: 3/27/2005
Posts: 4
 Indicators I see for VZ look good
Comments please if I am missing something.
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fpetry
Posted : Saturday, February 11, 2006 1:54:37 PM
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Joined: 12/2/2004
Posts: 1,775
 Looks good to me. Has broken out of 5 month resistance, and green volume the past two months is the best two mo. period ever for the stock. I would have patience with VZ and hold as a long term play vs. a short swing trade, as it tends to move slowly vs. more volatile stocks. From a small time shade tree trader who loves the soapbox.
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Pharmboy
Posted : Saturday, February 11, 2006 8:08:59 PM
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Joined: 3/27/2005
Posts: 4
 Thanks fpetry for your comments & I should have defined a trading strategy - it is not volatile enough for short term - fits in better with longer term and an income portfolio (yields 5%). I feel the indicators are positive enough to change the long term trend -check daily, 2 day, 3 day compared to weekly.
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