Get started
VODACOM GROUP LTDVODACOM GROUP LTDVODACOM GROUP LTD

VODACOM GROUP LTD

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals

VOD trade ideas

Vodacom in no mans land but watch out for BIG Order BlocksI mean... I guess it's ok for range bounded trading. Buy at the bottom of the range and sell at the top (short) then swing the other way. But I guess more importantly, the bigger the range the bigger the Order Block is for when the price breaks out. There are two Order Blocks that Smart Money will sweep. Buy Side LIquidity - Where it could sweep it all the buying where they will sell and bring the price down. Sell side liquidity - where it could seep it all the sells where they will buy to bring the price up. UNtil we have a confirmed Break above SSL or BSL - it's going range bounded until then.
JSE:VOD
by Timonrosso
$JSEVOD - Vodacom: Etisalat To Investment in Vodacom?I recently covered Vodacom on the 4th of December giving a bullish continuation channel setup. Breakouts from such channels tend to be more reliable when they occur on high volume. High volumes tend to have more significant meaning when they come from institutions based on changes in fundamentals or there is new news flow. Vodacom certainly ticks all these boxes. On the 7th of December 2022, at 13:42 CAT, Bloomberg ran an article that Emirates Emirates Telecommunications Group is exploring a potential investment in Vodafone Plc’s African business as it seeks to boost its international footprint. The Vodacom share price has since spiked and closed above the resistance trendline. A lot can still happen regarding this potential investment and more volatility can be expected as lots of speculation will also take place.
JSE:VODLong
by Loyiso_BlaqueSoros_Mpeta
$JSEVOD - Vodacom: Bullish Continuation Channel SetupVodacom stock is not the most exciting share to trade as it is lethargic and does not produce the best technical patterns or wave counts. A 80% price appreciation from the March 2020 lows has been followed by a currently 29% decline. Though this decline can be classified as a bear market, there are early signs of a potential turn around. The price action has been contained in a bull flag pattern and there is convergence between the MACD and price action indicating that selling momentum is waning. A breakout from the upper resistance trendline, preferably on increased volume, and a break above R132,49 will provide additional signals that the bear is potentially over.
JSE:VOD
by Loyiso_BlaqueSoros_Mpeta
Relative Sector Analysis: Coal Miners & TelcosRelative performance and relative strength is meant to assist traders and investors in understanding the appropriate weighting/positioning versus the overall market. Combined with additional factors, a trader is able to determine whether they should hold an equal weight, underweight and overweight position versus the index. The data below represents the relative ratio charts (equally weighted) of the major sectors of the JSE versus the Top 40. Each chart is presented with the following annotations: 1. Price with a 2 standard deviation linear regression channel over 200 days. 2. Adjacent to the price chart (right hand side), is the Relative Strength Index for the following periods: 3D, 1W, 21D (1 Month) and 63D (1 Quarter)
JSE:VOD
by techpers