Monday, February 7, 2011

VZ : Verizon : Update



MOTLEY FOOL.COM
These Tech Stocks Will Make Me Rich
By Tim Beyers More Articles
February 7, 2011 Comments (0)

But the week's biggest winner could be Verizon (NYSE: VZ). On Thursday, the company opened up pre-orders for the iPhone ahead of next week's official launch. Two hours into the free-for-all, the carrier had set a new record for first-day sales. If these mouth-foamers are any indicator of long-term demand, Verizon could yield at least $6 billion in revenue in its first year of carrying the iPhone

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Prices did not break as anticipated.
No action taken.
Watch and monitor price action next few days.
Either it test support at 33.5 or resistance at 36.5

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