LD_Perspectives

Vodacom Group Pending Long (ST Idea)

Long
JSE:VOD   VODACOM GROUP LTD
The share continues to trade in a sideways to downward channel, offering opportunities to participate on both the long (buy) and short (sell) side. At currently levels, the candle structure and moving averages suggest a move toward the lower boundary of the channel, and an opportunity to take a buy/log position below 10900c, using a stop-loss of 10650c and take profit target of 11400c.
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