This blog is a journal of charts on ASX stocks in various point in time. You might find charts on Major forex pairs,Nasdaq and SGX stocks as well.It reflects the author personal view. Its neither advisory or invitation to trade. All done in the interest and passion for the market, trading, technical analysis and elliot wave. And to exchange view, opinions with traders worldwide. .
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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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