Vodacom has being holding 90 for a while now Long 0f 90 is a good play we can see target of 108
Um... Ok I did not expect that. Look Vodacom has been going through a very tough down channel since April 2022. The high was around R160.00. The downtrend then subsided but started moving in a very eloquent channel with highs and lows. Well we expected the channel to hit the high and drop down to R92.00. But not in one candle suddenly. I don't even know if...
This ongoing bear channel has been going since March 2022... It's not been the haven for breakout traders. But an absolute beauty for trend traders and range bounded traders... As long as the price continues in the range we could see the price head to R90 till March 2024... Also the main indicator is the 200MA. If the price remains below it's bearish -Simple. ...
Two decades ago Vodafone was riding high, pulling off a blockbuster takeover with its 2000 acquisition of German rival Mannesmann in a deal worth £113bn. Now the UK-based telecoms group is making headlines for its retreat, after announcing this week it will exit Spain, one of its main European markets, selling its business there for up to €5bn to a fund founded by...
Box formation formed over the last 9 months. It was a boring range and we were waiting for a breakdown. Which we now have and the direction chosen is DOWN. 200>21>7 - Bearish RSI<30 - Bearish Target R75.27 SMC - Buy Side Liquidity Order block formed above the Box Formation. This is where Smart money has swept buying from dumb retail traders and have sold...
I mean... I guess it's ok for range bounded trading. Buy at the bottom of the range and sell at the top (short) then swing the other way. But I guess more importantly, the bigger the range the bigger the Order Block is for when the price breaks out. There are two Order Blocks that Smart Money will sweep. Buy Side LIquidity - Where it could sweep it all the...
JSE:VOD has triggered a long position. This is based off of the stochastic, MACD and EMA's crossing upwards. We are looking at a target at the highs from the end of July 2022.
VODACOM LONG 120 TARGET 125-130 Vodacom has being stuck in a range 120 massive level for bounce love it
Vodacom is confirming more downside to come. Large H and Shoulders on daily. Target 1 below R100.00.
While Telkom is looking Bullish, I can't say the same with Vodacom.... Head and Shoulders pattern formed and broke down. Bearish Target R98.16. What are your thoughts?
JSE:VOD is showing signs for a downward move. I will enter short at the 153 level.
A bearish engulfing candle formed on JSE:VOD on Friday last week. We have entered a short position on this one with today's price action so far.
A bullish engulfing candle has formed on JSE:VOD based on Friday's price action - it formed at a reasonably strong support level. The momentum indicators are all showing upward momentum so I think we could see a move towards the previous high at around 15100
JSE:VOD formed a hammer candle on the 13th of September which also happens to form part of a bullish harami pattern. Both are strong bullish signals. I think we could see a move up to at least the previous high at around 14500. If it breaks through this level and confirms we could see a continuation to form even higher highs.
A large Head & Shoulders has formed on JSE:VOD at quite a significant support level. If it breaks through the neckline which falls on the support level, we could see a move downwards towards the lows from mid-March.
JSE:VOD is bouncing off of a strong support level that goes all the way back to mid 2018. It looks like it is gaining momentum for a long position, but I will wait for confirmation before entering.
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