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Peet_Serfontein
Oct 26, 2023 6:35 AM

VOD: attempting to break higher? Long

VODACOM GROUP LTDJSE

Description

A price action above 10300 supports a bullish trend direction.
Increase long exposure for a break above 10500, which is also the 23.6% Fibonacci retracement level.
The target price is set at 10900, just above its 38.2% Fibonacci retracement level.
The stop-loss is set at 9800.
The trade idea is regarded as a counter-trend strategy. Adjust risk accordingly.
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