VZ // Double bottom at Fib. tested support
VZ is making a double bottom within the designated channel. Using Fibonacci Retracement levels, we see the support at $53.5, seems to align well with the 38.2% level.
Because the 61.8% level was broken, I expect the path of least resistance to be higher.
Because the 61.8% level was broken, I expect the path of least resistance to be higher.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.