07.01.2016 - Shares of Verizon Communications may resume growth

Price of Verizon Communications corrected down to the level 45.50 and the lower boundary of the local rising channel. Fixing the price below these levels will cause further decline to 43.75 and 42.30. At the moment, there is a possibility to open long positions with the first target at 47.00, after which growth may continue until 48.40. We expect the growth in the medium term.

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