Community

Share knowledge. Find answers. Ask questions.

Online Share Trading

Engage and learn about markets and trading online

Vodacom

Reply
Super Contributor
Is it too late to enter?
0 Kudos
9 REPLIES 9
Super Contributor
Why would you enter in the first place?
0 Kudos
Super Contributor
Too late for what ? It's barely trading above it's list price 5 months ago. This share is is going nowhere slowly.
0 Kudos
Super Contributor
thanks.
0 Kudos
Not applicable
Tilt your screenleft 30 degrees. nice uptrend developing ;-)
0 Kudos
Not applicable
or look at it through an empty wine glass
0 Kudos
Super Contributor
It's hitting resistance and overbought-will probably pullback from here,imo.
0 Kudos
Not applicable
I would agree but there is a slight bit of steam left. MFI not quite letting up and ADX also not showing full signs of down trend. Problem here is new stock so absolutley no history at these levels. IMO we might still see 62-65 before full pullback, watch the action into wednessday next week. Risky to call so will wait for a drop.
0 Kudos
StanleyB
Contributor
I bailed yesterday. I overlooked LDT of 27 Nov. Expect a big drop on Mon
0 Kudos
Highlighted
Not applicable
Well shows what 12 hours can do to TA. MFI and ADX now showing OB position, but one has to wonder what the LDT will do to hold this one up?
0 Kudos