VZ uptrend after earnings

VZ is one of my larger recession safety plays I have been averaging into around 31.2ish, the > 8% dividend provides a margin of safety. Before the collapse it was accepted that the stock is generally worth around 60$ per share. I plan to hold this to about 50$ however long that takes and collect the strong dividend as an alternative to short-term treasuries.
Support and ResistanceTrend Analysis

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