trader999999

Vodafone preparing to go up from 17 to 23

NASDAQ:VOD   Vodafone Group Plc
All, Vodafone Group is preparing to go up from 17 to 23 in the time frame from December 2022 to March 2023, given that the market holds and that Vodafone continues to put out good quarterly reports. From 2020 to the present time Vodafone Groups financial quarterly reports have met all financial targets of management turnaround of the company. The stock price of Vod has varied around 16.7 +/- 22% since April 2020, trading flat. Technically one can see in the vod, monthly chart that their is expectation of a turnaround, the price of vod will not move up till the market gets confirmation from vod financials that vod future quarterly expectation will have improving margins, revenue and profit. If vod delivers good financials in the next quarterly report and continues thru out this year, vod is likely to then hit 23 around December of this year to March of 2023. Presently their is a good chance of this happening, both TA and fundamentals are saying this.
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