The stock is still well in its Bollinger band range. Any price within it I consider a 'fair market' price. For short term traders the call option chain on this stock looks very attractive although I think it's a great stock to own for your buy-and hold strategy portfolio. This stock has great potential for growth. Short term and long term. The question is, what would be a good entry point. In case of Verizon, it's a great question. That depend of course which indicators you use and hold value to. If you already bought this stock, you're ok, I think if you wait a little bit for it to go cheaper, you're better. For me I'm going to wait until I see unusual trading volume. Definitely a buy!
Wednesday, January 12, 2011
Verizon (VZ) gets iPhone; BUY BUY B.., or not yet?
The stock is still well in its Bollinger band range. Any price within it I consider a 'fair market' price. For short term traders the call option chain on this stock looks very attractive although I think it's a great stock to own for your buy-and hold strategy portfolio. This stock has great potential for growth. Short term and long term. The question is, what would be a good entry point. In case of Verizon, it's a great question. That depend of course which indicators you use and hold value to. If you already bought this stock, you're ok, I think if you wait a little bit for it to go cheaper, you're better. For me I'm going to wait until I see unusual trading volume. Definitely a buy!
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