Verizon (VZ) - Buy the dip with 16% upside paying 4.66% dividend

Not the growth stock that it once was, but VZ has been in correction since Dec 2020. It has formed a tight falling wedge pattern while also finding support at 2009-2010 trend line. It has a maximum upside of almost 16%, but even more compelling is its 4.4% dividend yield.

4h