Jun. 23 at 4:49 AM
$VZ charts currently showing a distribution pattern. With the MACD negative, volume declining on green days, & the price testing the
$45 pivot, the immediate path of least resistance is downward. If the 45 level breaks with conviction, the next technical target is that
$43.80 Fibonacci level. If that also breaks, the
$39–
$40 zone is a magnet for the next major leg of support.