Verizon Communications Inc.(NYSE)- A Box Breakout

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⚠️ Disclaimer: This chart is for educational purposes only.

VZ- Price formed a multi-week horizontal consolidation (boxed range) and has just broken above the buy point (~$44.30). That breakout resolves the short-term range to the upside — a constructive sign.
The breakout candle printed on modestly higher volume versus the recent range, giving the move some conviction (not a blowout volume spike, but supportive).

The price is trading above the short-term moving average (blue line) which is flattening—momentum is improving but longer-term trend remains cautious.

Key levels

Entry / buy point: ≈ $44.30–44.35 (price has cleared this level).
Stop: $42.88 (just below the range low).
Near-term targets: $45.72 (first), $47.10 (primary resistance), then $48.56 / $49.98 as extended targets.

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