Vodacom: Generating Cash For Short Sellers (-8.4%)
- Lester Davids
- Mar 14
- 1 min read
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The original note referred to 2 shares where the model highlighted that sellers are becoming active. VOD one, BTI the other (also shown below, scroll down to view).
Previous Post: British American Tobacco Has Declined By ~R70 or (-9%)
This morning BTI reached a low of R701 which brought the decline to 9%, in line with previous note i.e. (7 February) 2x Shares: Sellers Becoming Active + Extended vs VWAP)
Previous Post: (7 February) 2x Shares: Sellers Becoming Active + Extended vs VWAP
Short term sellers becoming active.
BTI - British American Tobacco (yellow sloping line = quarterly VWAP)
VOD - Vodacom Group (yellow sloping line = quarterly VWAP)
Lester Davids
Analyst: Unum Capital
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