MarcoOlevano

$JSEVOD Vodacom testing the declining trendline

Satış
JSE:VOD   VODACOM GROUP LTD
Vodacom is busy testing the declining trend line today which has been in place since about July of this year. Still looks to resemble a flat bottom triangle, with a closure below R118.00 confirming the pattern. Target from this pattern would then be R95.00. An entry here would be very much pre-emptive but skews the risk / reward highly in your favour. Wait for a reversal off this R129-R130 level to enter.

"If you do what you love, you'll never work a day in your life" - Marc Anthony
Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.