Please give me your feedback - this is my first published TradingView Idea.
Bull flag on the VOD daily.
The bottom of the channel seems to have found support from the 200 EMA, which has been in an uptrend since the formation of the channel.
First target 13436
Next target 13554
Longer term target 14279
1) a Huge Volume shows that all sellers are gone.
2) Technically we are at the end of the 5 impulsive waves to the down side.
3) We should see a long correction now for the next weeks.
4) My Bias is very bullish
After a trading range starting in mid-2018 Vodacom has had a spring-like action during the market downturn. The comparative relative strength was outperforming while other stocks were falling. There was a pause at the yearly pivot point and 200 day MA but the price was unable to push below the trading range again. Today we have seen a significant bar with some...
Very pleased with my VOD entry. Will be holding for at least a year to avoid taxes, maybe longer if the 150% gain looks attainable. Plan to pick up some more if we get a decent dip again. These crazy times are giving us some voltaility and second chances on entries.
Vodafone ran into a solid confluence zone of resistance in Friday. It has since retraced over 5%. Today it fell over 2.3% and, crucially, it fell below the 1:1 trendline on the Fibonacci Fan shown. This is important because this trendline has acted as the greatest source of support throughout this uptrend. In addition, there has been a bearish divergence on the...
I have VOD for the long run, since it's floating around a a support zone it's held for 17 years. We're in a bit of a lame decending wedge, and I'd like to see the RSI go into more bullish territory, but if it breaks out it could probably yield a decent 25% gain on a swing.
VOD showing nice bullish divergence on the Monthly chart. TD sequential on the Monthly chart is at a 9 as well. Additionally, we are very near a nice support zone. If it breaks the support I will sell. My entry is at the ORANGE line. 100%+ gain potential!!!
Since the year 2000, the Vodafon share is in a correction phase.
The sharp sale until September 2002 with the low at 79.82 pence marked the wave sequence A.
By 2014, I think Wave B has been going on for over 12 years, and since then, C's correction pattern has ushered in the next phase.
Wave 3 of this C could have been completed this month, so now the upward 4 is...