Verizon Wave Analysis – 24 August 2026Verizon Communications Inc.BATS:VZFxPro– Verizon broke key resistance level 48.75 – Likely to rise to resistance level 51.45 Verizon recently broke above the key resistance level 48.75 – which has been reversing the price from the end of April – stopping previous waves A, B and 1. The breakout of the resistance level 48.75 accelerated the active minor impulse wave 3 that belongs to the intermediate impulse wave (3) from the start of August. Given the weekly uptrend, Verizon can be expected to rise further to the resistance level 51.45 – which reversed the price multiple times in March.