VZ faces strong resistance and negative weekly divergence; expected to fall to $46 amid debt concerns from new fiber/AI infrastructure deal.

Verizon and Corning signed multi-billion dollar fiber deal to expand broadband and uh build AI infrastructure.

sounds expensive. Sounds like more debt for Verizon. It's just my first thought there on that. How's ticker VZ acting? It's it's it's okay. Okay. So far so good. Up a half a percent.

Yeah. Just, you know, this sounds very expensive like what they're trying to do here. Then they they've got a lot of debt.

Okay, the next one I have for us is Verizon. And my thought is the Verizon is sitting at incredibly important resistance. It's a really big resistance zone. It's got negative divergence on the weeklies.

It's been rolling over, unable to get here on the dailies.

Listen, it could easily bounce, but my suspicion is that it goes back to 46 right here at the top of the earnings candle formation. If we look at the 46 put for October, it's 31.

The 49 put for September is only 29. And if that moves to being in the money or at the money, you're going to get, you know, 2x easily on that really cheap.

If it goes into that 46 like I think it does, you know, you could have a 10 a 10x on that if it does what I think it's going to do in terms of that fade. And I heard 13 say that he felt like there was a lot of debt sitting on that chart.

And yeah, that's that's my thought for Verizon. A couple of cheap trades that that might move us down. Not hurt us tremendously if we're wrong, but really pay off. I think it's a good asymmetric move.

>> Yeah. I think he was worried that that Verizon deal might incur more debt. >> Yes. Yes. For them and thus moving.