Tuesday, March 19, 2013

Verizon Communications (VZ) - Buy Signals

Today I added Verizon Communications (VZ) to the Barchart Van Meerten New High portfolio for excellent price momentum:


Barchart technical indicators:
  • 96% Barchart technical buy signal
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 15 new highs and up 9.93% in the last month
  • Relative Strength Index 73.36%
  • Barchart computes a technical support level at 47.43
  • Recently traded at 48.91 with a 50 day moving average of 44.99


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