For analysing Verizon I have used Morning Star pattern shown by the stock over 2 occasions and its consistency particularly with Verizon stock and supported my decision with MCAD and Bollinger Bands.

Apr 30, 2016 Morning Star a 3-day patters indicating bullish trend, MCAD crossover above average but way below zero line on May 5, 2016, stock at 50.95 and 50.85 respectively. There is also a squeezing of Bollinger Band indicating the possibility of a follow up with higher volatility, ideally foreshadowing a decline as per my understanding. The indicators are not helping to come up with a firm decision on the direction of the stock, in such a situation I would ideally be only watching the stock. This is followed up with a sharp upward movement with MCAD crossing over Zero on June 09, 2016 with stock at 51.54 and finally topping at 56.57 on Jul 07, 2016 and movement of 9.75% to 11.30% depending upon from where we analyse, the Morning star or MCAD crossing Zero.

After this the stock slides and falls to a low of 46.17 on Nov 15, 2016. On Dec 02, 2016 we see the second classic Morning Star pattern. MCAD is already well above Zero also the Bollinger Band is wide at this point indicating vary high volatility. The stock peaks on Jan 04, 2017 at 54. 60 with MCAD reverses on Jan 07, 2017 were it crosses over its average well above Zero. With my decision I would have already missed the opportunity were there was a really good upward movement of 18.20%.

Bollinger bands after squeezing on Feb 16, 2017 are again diverging, with the MCAD well over its average and almost about to cross Zero as on Mar 08, 2017 with stock closing at 49.16, I see high probability of an indication of Bollinger Band foreshadow of significant advance as a follow up on Morning Star pattern and also MCAD indicating bullish trend. My assessment at this point is to take a decision to go head and invest in this stock and play the rally until we see a trend reversal, there would be possibilities of the stock intermittently coming down a bit but indications are of a positive upward movement in price.