While the broader market sells off, VZ is showing relative strength. Here's why its improving technical setup, 6.33% dividend yield, and potential upside to $54 caught my attention.
👑📈 Sometimes the best trade is the one you wait for.
I passed on Amazon Wednesday because the market wasn't giving me confirmation. By Friday, VZ was showing relative strength while the major indexes sold off.
I'm watching $45.50 as resistance and $54 as a potential upside target, with that 6.33% dividend adding another angle for long-term investors.
What about you? Are you looking at VZ as a swing trade, a longer-term position, or a dividend investment? Or are you staying on the sidelines until the market settles down?
👑📈 Sometimes the best trade is the one you wait for.
I passed on Amazon Wednesday because the market wasn't giving me confirmation. By Friday, VZ was showing relative strength while the major indexes sold off.
I'm watching $45.50 as resistance and $54 as a potential upside target, with that 6.33% dividend adding another angle for long-term investors.
What about you? Are you looking at VZ as a swing trade, a longer-term position, or a dividend investment? Or are you staying on the sidelines until the market settles down?
👇 I'd love to hear how you're approaching it.
Know the Big Picture. Focus on the Edge. 👑