TradingView
ElliottWavePro
4 de Nov. de 2017 9:41
VERIZON - bullish opportunity
NYSE:VZ
1S
Verizon Communications Inc.
NYSE
Descripción
⋅
4 de Nov. de 2017 9:41
Wave (ii) is going to end soon, so we could have a massive bullish rally afterwards.
Trend Analysis
Wave Analysis
Elliott Wave
Technical Analysis
shares
verizon
Comentarios
simbha
⋅
6 de Dic. de 2017 3:48
You nailed it Dude!..
Appreciate if you can revisit on wave (ii) to (iii) redraw...Thanks in advance.
VZ 2016: Yahoo data
Income Before Tax 20,986,000
Income Tax Expense 7,378,000
%= (7.4/21)100 = 35.23%
@20
%, the Tax expense savings = 21*0.20 = 4.2
i.e Income Tax Expense 4,200,000
Tax reform savings = 3.1
Outstanding shares = 4B
EPS added after tax
@20
% = 3/4 = 0.75cents
Forward P/E
@12
= (3.5+0.75)x12 = 51
With 5G, Verizon is in expansion mode to compete 30Million new homes.
So
@forward
P/E=17 , VZ share should be
@72
Good Luck longs!
simbha
⋅
19 de Nov. de 2017 18:04
is Wave (ii) around low 44 still a valid level inside the pattern ?
Más
Appreciate if you can revisit on wave (ii) to (iii) redraw...Thanks in advance.
VZ 2016: Yahoo data
Income Before Tax 20,986,000
Income Tax Expense 7,378,000
%= (7.4/21)100 = 35.23%
@20%, the Tax expense savings = 21*0.20 = 4.2
i.e Income Tax Expense 4,200,000
Tax reform savings = 3.1
Outstanding shares = 4B
EPS added after tax @20% = 3/4 = 0.75cents
Forward P/E @12 = (3.5+0.75)x12 = 51
With 5G, Verizon is in expansion mode to compete 30Million new homes.
So @forward P/E=17 , VZ share should be @72
Good Luck longs!