SteynTrade

JSE:VOD Vodacom Continuing the Downtrend

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JSE:VOD   VODACOM GROUP LTD
Vodacom has consolidated but after reaching the overbought trendline of the downward stride there was a clear change of character indicating weakness. The break of the TR range could indicate more downside to come.
评论:
After some consolidation at the bottom of the TR we see some increase in volatility and declining volume. The markdown could be ready to start.

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