Get started
Trad3r_16

Vodacom - Nearing Support

Long
VODACOM GROUP LTD (JSE:VOD)  
Trad3r_16  
JSE:VOD   VODACOM GROUP LTD
Support and Resistance Trend Lines
1
0
supportandresistance trendline
Vodacom was rejected at the horizontal resistance (R120) and has been selling off steadily.
Next level of support is the upward TL (blue) which is around R108. This level is also the previous lows from earlier in May this year. Tight stop loss on a close below TL.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.