Peet_Serfontein

VOD: counter-testing the bearish trend

Long
JSE:VOD   VODACOM GROUP LTD
A price action above 9100 supports a bullish trend direction.
Further bullish confirmation for a break above 9400.
The target price is set at 9800.
The stop-loss price is set at 8800.
The price action is counter-testing the lower range of the declining channel pattern.
Remains a risky trade.

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