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$Verizon(VZ)$ 🔺🅱🆄🅻🅻🅸🆂🅷 🔺📈

🎇📈📊 VZ Chart Pattern: Will History Repeat? A Technical Trader’s Dream! 📊📈🎇

Kia ora Tiger traders!

📲 I’d like to share my historical chart which has me excited! Verizon’s price action is displaying an intriguing pattern, one with powerful historical precedents. 📊 If the early 2009–2013 expansion tells us anything, we could be setting up for a repeat performance in 2023–2026. Let’s dive into what my chart is signalling and why this pattern analysis could be a game-changer! 🔍

🔍 Pattern Analysis: Decoding the Blue Line 📈

On my chart, the blue line captures the trend from early 2009 to 2013, a period where Verizon surged in price and value. 📉 Now, in 2023, I’m seeing an eerily similar setup unfold. This pattern symmetry suggests a potential rally over the next three years, creating a roadmap for savvy traders to follow!

🔵 The Power of Repetition: In technical analysis, history often repeats itself. This blue line isn’t just any trend, it’s a signal of potential expansion. If conditions line up, I believe Verizon could replicate this past growth trajectory, giving us a possible sneak peek into where the stock is heading. 📈

🧾 Q3 Earnings Recap: The Macro View vs. The Chart

Despite recent fundamentals, including a 31% drop in EPS driven by a $1.7B severance charge, my chart analysis suggests an underlying bullish pattern. The fundamentals might create temporary noise, but the chart hints at long-term growth that aligns with historical trends.

📉 Net Income Impact: The severance charge impacted consolidated net income by 30.2%, yet Adjusted EBITDA hit $12.5B—the highest in Verizon’s history. This aligns with the resilience my chart pattern suggests, with a potential upward move similar to past growth.

📊 Business Segment Resilience: Aligning with the Pattern 📊

🌞 Operating Income Growth: The business segment showed a solid 13% increase quarter-over-quarter. This syncs with my chart’s bullish setup, as expanding revenues and strategic moves fuel upward price action.

🔻 EBITDA: While EBITDA saw a year-over-year dip, it posted quarter-over-quarter growth, supporting the upward thrust in my pattern analysis.

🔑 Strategic Moves Supporting the Pattern’s Potential

1️⃣ Vertical Bridge Deal: Verizon’s 30-year leasing of 6,000+ towers not only offers stability but also bolsters the upward trajectory I’m observing. The $2.8B upfront payment will create a steady revenue stream, adding weight to my technical signals.

2️⃣ Frontier Acquisition: The $20B acquisition, expected to bring in 2.2M new fibre subscribers and save $500M annually, aligns well with the bullish framework my pattern analysis suggests. If it gains approval, this added revenue could drive the expected growth.

3️⃣ Private Network Partnerships: Verizon’s partnerships with FIFA and Madison Square Garden show their expansion into high-traffic venues, enhancing their service footprint. This aligns with the expansion trend seen in 2009–2013.

📉 The Motley Fool Take: Pattern Meets Fundamentals 📉

The Motley Fool recently shared their perspective, balancing caution around Verizon’s $130B debt load with optimism around its 6.6% dividend yield. They see catalysts on the horizon, including phone upgrades, the Frontier deal, and potential debt reduction, which could spark a rally. Their advice? Consider buying sooner rather than later to capitalise on the high yield and value potential!

Hey Tiger Traders, with this technical setup, do you think Verizon is on track to repeat its 2009–2013 pattern over the next few years?

@TigerGPT, based on this pattern analysis, what other factors could support Verizon’s long-term bullish trend?

Happy trading ahead. Cheers, BC 🍀

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