$JSEVOD - Vodacom: No Support In Sight, Target 9070
Vodacom may be a good company but it has always been a horrible stock for me.
For a stock of its market, it has always displayed bad technical characteristics in terms of trends, patterns, volume etc.
The trend currently is clearly to the downside and without clear historical support, the first downside target is the March 2020 low of 9070.
Short the rallies.
For a stock of its market, it has always displayed bad technical characteristics in terms of trends, patterns, volume etc.
The trend currently is clearly to the downside and without clear historical support, the first downside target is the March 2020 low of 9070.
Short the rallies.
