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Online Share Trading

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Vodacom

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Super Contributor
Is it too late to enter?
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9 REPLIES 9
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Super Contributor
Why would you enter in the first place?
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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.
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Super Contributor
thanks.
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Tilt your screenleft 30 degrees. nice uptrend developing ;-)
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or look at it through an empty wine glass
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Super Contributor
It's hitting resistance and overbought-will probably pullback from here,imo.
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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.
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Contributor
I bailed yesterday. I overlooked LDT of 27 Nov. Expect a big drop on Mon
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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?
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