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.
tomj2417 PRO
20 days ago
Thanks for the heads up. Looks a promising short worth watching.....
Reply
TipTVFinance PRO tomj2417
19 days ago
@tomj2417, Looks like a major trend reversal
Reply
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