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Online Share Trading

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Vodacom

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Preston
Super Contributor
Russ, have a look at Vodacom for going long!!!
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11 REPLIES 11
Russ
Super Contributor
Yes, I would expect a bounce from here. Not sure how much-it hasn't looked too strong lately.
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Rams
Super Contributor
It trading the channel , so bounce if it happens to upper channel
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Preston
Super Contributor
Russ, vodacom is a defensive stock. When the hike occur, all other shares goes down,Vodacom goes up...up.. and away.... omo.
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Happy
Contributor
Don't know about that, it is at the bottom of the channel,it looks like it might break through its support... You will have to confirm it is going up before going long
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Russ
Super Contributor
There is a little buy divergence on daily rsi. together with oversold position on rsi and sto I would favour a little rally.
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Rams
Super Contributor
Long if moves To centre of channel if trading the channel and exit at upper channel, breakout thru upper channel if trading the trend.....
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Rams
Super Contributor
at 200EMA(about 125)...long unleveraged(126)
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Quakedog
Super Contributor
Whaaaaaaaaaa playing with fire hey boys. SP500 is begging for a smack!
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Rams
Super Contributor
That why it unleveraged.....same with SHP
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Preston
Super Contributor
@ RAMS , leverage or unleverage makes no difference at this price.
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Rams
Super Contributor
agree,it makes no difference to the price...
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