Value buy: swing trade longLSE:VOD has been in a steady decline since 26 July 2022 declining 16.62% from VRVP point of control.
The price is hitting old support, accumulation levels over the past 2 years and is highly reluctant to break through. Also, price at 106.64 has entered Medium volume VRVP Nodes with not much institutional interest to push the price levels into low level nodes. Average closing price is at 123.98, similar to the point of control over the visible range.
As confirmation, the MACD indicator momentum histogram has been slowing and there has been a crossover. All indicating bearish momentum is slowing/stopped at this current price.
This current level seems to be a value purchase. I estimate the fair value is at least 9% higher than current levels: 116.10.
VODL trade ideas
VOD (London): Bollinger Band SqueezeA Bollinger Band Squeeze might support further upside price potential.
See the previous occurrence of such a squeeze as highlighted by the blue circle. E similar price action is expected.
A price action above 128.00 supports a bullish trend direction.
Crossing below this level will negate the bullish stance.
Crossing above 131.20 might target 134.40.
Crossing below 129.05 will be the first sign of pending weakness.
Vodafone - Ascending triangle - what's next?The ascending triangle started to form at the start of the pandemic restrictions. Not fully formed yet, it is in a downtrend and therefore it's possible it will head lower. Wait and see. Fundamental factors are: cost of living, recession, a takeover/bid, inflation, interest rates (cost of capital) -
Lots to think about.
Vodafone preparing to go up from 17 to 23All, Vodafone Group is preparing to go up from 17 to 23 in the time frame from December 2022 to March 2023, given that the market holds and that Vodafone continues to put out good quarterly reports. From 2020 to the present time Vodafone Groups financial quarterly reports have met all financial targets of management turnaround of the company. The stock price of Vod has varied around 16.7 +/- 22% since April 2020, trading flat. Technically one can see in the vod, monthly chart that their is expectation of a turnaround, the price of vod will not move up till the market gets confirmation from vod financials that vod future quarterly expectation will have improving margins, revenue and profit. If vod delivers good financials in the next quarterly report and continues thru out this year, vod is likely to then hit 23 around December of this year to March of 2023. Presently their is a good chance of this happening, both TA and fundamentals are saying this.
Vodafone Group, lookng realy good on the WeeklyVodafone Group is looking real good on the weekly, the 20, 50, 100 wk (weekly) MA's are converging, not shown on this plot but so is the 200wk converging. Vod is likely to break out. Next price target will be the 200m (month) MA, it will take a couple of years to get there though.
LONG VOD?Price has had multiple inside days following the dividend day decline.
Price basing with lows around 120.50 area.
Do analysts still see value in Vodafone and keen to drive price higher?
A break of the 120.50-120 area could see price rotate lower.
However, price hs shown a reluctance for any moves lower as the market participants remain indecisive.
Who is going to blink first? Isee the potential for a move higher if 121 holds and price puts in a higher low.
Bulls will have prevailed if prices close above 123-123.50 area. Therefore set alerts for price breaching these areas in early next week trading. Conversely if 120 falls seek short opportunities.
Is There More Downside Potential For This Telecom Giant?LSE:VOD
Following a disappointing earnings release last week, the price of VOD gapped down and traded softer for the earnings release trading session. The share picked up some buyers around the 125.00 handle and enjoyed a bounce back up to the 129.00 level in this week's trading.
price hasn't really shown any keenness to close the big earnings gap and appears to be setting up for a drive lower to the 121.00 levels (on a technical basis).
The reluctance of price to put in a retracement on last week's drive lower coupled with Tuesdays (25-05) open drive lower suggests there is potential on another downside move.
Will continue to monitor how buyers come back into the market and see if there is enough selling pressure to send price down to at least 121.00 in the short term
VODAFONE Look for price to breakout from this structureHi traders:
Looking at VOD for the next buy move.
We see the price action had a strong bullish impulse up from the previous continuation structure, and begin to form this larger triangle pattern.
Price has been consolidating for sometimes, and this is good indication for the price to have the momentum to have the next impulse up.
Currently this structure is still developing, so I would wait for confirmation of a breakout, then lower time frame correction to enter.
Thank you
VOD LONG OR PURCHASE STOCK SEE WHYFRANKFURT/LONDON, July 17 (Reuters) - UBS UBSG and Morgan Stanley MS are expected to organise the lucrative listing of Vodafone's European towers unit - a deal that could value the entire business at up to 16 billion euros ($18 billion), sources familiar with the matter said.
The two banks boast a close relationship with Vodafone VOD and both pitched to become joint global coordinators in the listing, which is expected early next year, the sources said.
Goldman Sachs GS has also pitched for a top job in the initial public offering (IPO) and hopes to be in the driving seat, they said.
Vodafone and Morgan Stanley declined to comment, while UBS and Goldman Sachs were not available.