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Vodacom: Banking R10

  • Writer: Lester Davids
    Lester Davids
  • Apr 4
  • 1 min read

Trade Vodacom Group (VOD) with Unum Capital.

To get started, email lester@unum.co.za


On Wednesday at 11h35 the price action model highlighted the overbought conditions and potential for a pullback. During yesterday's session the share trade down to R120 from above 13100c during the previous session. For active traders with quick fingers, there are opportunities to make money.


 

Previous Post (02 April): Vodacom: Now Trading +45% vs Strategy Alert


The move is also in line with our view at the beginning of this year in which we looked for OUTPERFORMANCE from the Telecommunications sector relative to the Top 40. That was discussed on 02 January at the following link: https://www.unum.capital/post/telecoms-relative-change-of-trend



The current model reading is as follows:



 

Previous Post: 🔔Strategy Alert: Vodacom Group at R90

(Date: 13 June)



Lester Davids

Analyst: Unum Capital

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