VZ Riding Support

VZ has come to trade in a nice little squeeze of a channel here for the past week. This support level also happens to be the .618 of the bigger picture leg. Momentum continues to see higher lows which should lead to this level holding up and a retest to the next resistance level.
618FibonacciinstitutionallevelsLONGMomentum Indicator (MOM)resistnacesupportVZ

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