zeerotrader

VOD - Don't give up so soon

Long
JSE:VOD   VODACOM GROUP LTD
55 views
4
We may derive the following from the Weekly VOD chart:

1. Price was rejected by our major trend (grey trend) (See linked idea).

2. However, price has/is holding at our backtest level.

3. A further bid may help push the price up.

4. Monitor for bullish action and a break of the channel trend.

5. As always - maintain your risk.

Note: The views provided herein do not constitute financial advice.
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