TipTVFinance

Vodafone - 8-year long rising trend line breached

LSE:VOD   VODAFONE GROUP PLC ORD USD0.20 20/21
Vodafone shares have breached a long-term rising trend line . We are still away from November close. Prices could drop to 150 area over Q1, 2017 if the monthly candle does confirm a bearish break.

The monthly MACD also shows the bearish momentum is gathering pace, while the RSI too has slipped below 50.00 levels.
Thanks for the heads up. Looks a promising short worth watching.....
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@tomj2417, Looks like a major trend reversal
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