TraderHank’s play in VZ

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I had VZ on my list from yesterday which set up again short just near the middle of lunch time.  I like the play a lot because all three time frames the 15, 5, and 2 minute were setting up perfectly at the same time.  This means that traders in all three time frames agree on the direction and the more likely your trade will end up working as it did here with my short trade in VZ.  A nice 3-1 risk to reward and price hit Target 1, with this trade and my GILD trade my day is in.  Here is the chart for my short play in VZ…

vz
vz

    

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