Oct 26
Verizon, Suntrust Banks, Pitney Bowes, Bank Of America and Zions Bancorp.: Technical Comments on Equities in Today’s News
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Verizon Communications (NYSE:VZ) – $28.79
News event: Reported slightly higher than expected third quarter earnings
Technical comment: Investors took profits on news. Verizon currently has a negative intermediate technical profile. Intermediate trend is down. The stock trades below its 50 and 200 day moving averages. Short term momentum indicators continue to trend lower from an overbought level. [...]
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