Verizon Stock Is Ready to Break Out of Its Slump

Chart Source: TradingView

It has not been a good year for Verizon Communications Inc. After the election last November, shares of the telecoms provider rallied about 10% and hit a year-to-date high of $54.83 back in early January. Since that massive move, however, the stock has been on a landslide, dropping as low as $42.80 back in July.

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