| Low-beta stocks tend to be less volatile than the broad stock market, making them popular with conservative investors when the market gets choppy. U.S. telecommunications company Verizon Communications, however, has had an unusually volatile year.
Our Analysis:
As long as the price is above 36.50, follow the recommendations below:: - Time frame: D1
- Recommendation: long position
- Entry point: 39.98
- Take Profit 1: 43.00
- Take Profit 2: 46.50
Alternative scenario:
If the level of 36.50 is broken-down, follow the recommendations below: - Time frame: D1
- Recommendation:short position
- Entry point: 36.50
- Take Profit 1: 34.50
- Take Profit 2: 32.00
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