VOD trade ideas
Vodafon - Decade-CorrectionSince the year 2000, the Vodafon share is in a correction phase.
The sharp sale until September 2002 with the low at 79.82 pence marked the wave sequence A.
By 2014, I think Wave B has been going on for over 12 years, and since then, C's correction pattern has ushered in the next phase.
Wave 3 of this C could have been completed this month, so now the upward 4 is going on at Vodafon for the next 12 months.
Afterwards the final sell off should start and the price could fall into the area of 50 pence.
A recent entry would be possible if the SL is set to the current low. From 170 pence profits should be taken or the SL be tightened. Should the dividend return to 13 pence this year, an additional dividend yield of 9% would result.
Bullish divergence / resistance 190 - fibs 786 #mfchartWe are right in previous support area plus bullish divergence, resistance at 190p but still a chance of below support at 100p depending on market in general.
with 5G possibly coming in I think this will be a good opp for new entries in coming weeks.
VOD Gamble BuyI am allowed one gamble investment, and this is it.
Price is hitting 2008 financial crises lows, great telemcom stock with 12% dividend.
Company earnings do not look good, but the technical analysis looks promising. Diverging from RSI on weekly, oversold on daily chart.
I would enter with exit around $14 if the stock did not start turning within 2019 (long term entry, enjoy the dividend payment and the good entry price).
Vodafone VODI[SWB]: Is this the trend reversal?Vodafone has been in a downtrend till the end of November. However, from the beginning of December, the RSI 14 has been pretty much rangebound between 37 and 50, even though the downtrend has not been broken. Rejecting the lows has formed a hammer on fridays trading session and a strong support remains at 1.65.
1h chart shows a daytrading / swingtrading opportunity while the 1d chart could indicate a longer-term trend reversal (maybe weeks to months). Regardlessly, the downtrend is still not broken so exercise caution.
Vodafone Group PLC - Long Opportunity Vodafone has been trending down , however I think we are at a potential impasse of a good opportunity to minimise risk and open a countertrend / long position .
Recently Vodafone has made a deal with IBM for the 5G plans , meaning they´re not sitting still to let other telecom companies take over the market. They are maintaining their strong dividend yield over 2019 and are still one of the biggest telecom companies around the world.
We are currently forming a double bottom on this break of news and have a potential higher low forming and pending break of the 2018 trendline.
Three waves, or Five waves? That's the questionIt seems that we are now in completing the C wave, and have already completed the first and second sub-wave. So I think its reasonable to aim for the completion of this wave down. a Choice I had to make was weather to count the previous five wave as five waves or three waves , ignoring the first part. I decided to count as as five first because the entrancement did not go below the the origin point, and also because there's RSI divergence between third and fifth waves.
12 Month Recovery FractalSince the dot com bubble sell off, every time the monthly StochRSI has gone below 2, Vodafone has made at least a 30% gain over 12 months.
The blue diagonal shows my current trend bias and I think Vodafone is undervalued for the dividend value it gives and the growth opportunities it can command given its economies of scale.
Invalidated for me at 146. A break of that and i think we are back into price discovery.