Vodafone #Brent #Nasdaq There are times when it feels like showing off! #Vodafone delivered an exquisite movement following our report on 9th October (link here), hitting drop target, then bouncing. Similarly, #Bitcoin reached the 5400 drop target last postulated on 22nd October with a massive drop. (link here too!)
For now, with Vodafone anyway, there appears to be some potential in the current bounce. The share closed the session around 157p and only needs better 160.75 to commence some further moves to 166.5p. If bettered, our secondary calculates at 174.5p. Visually there’s a bit of an issue with these numbers, due to the immediate BLUE downtrend. At present, this perfectly defined line is at 171p and we’d suspect it shall prove a hindrance in any rise. Only with closure above BLUE dare we express longer term optimism as there’s plenty of strength to force some decent rises.
As always, there’s a flip side!
The price needs close a session below RED (144p) to justify concern as a visit to 123p becomes likely. If broken, secondary is at 107p, along with a need to review the numbers urgently.
|
Time Issued |
Market |
Price At Issue |
Short Entry |
Fast Exit |
Slow Exit |
Stop |
Long Entry |
Fast Exit |
Slow Exit |
Stop |
Prior |
|
9:38:24PM |
BRENT |
66.25 |
65.12 |
64.595 |
63.54 |
67.1 |
67.76 |
68.875 |
69.28 |
65.65 |
|
|
9:46:37PM |
GOLD |
1210.97 |
Shambles |
||||||||
|
9:49:48PM |
FTSE |
7026.14 |
‘cess |
||||||||
|
9:51:46PM |
FRANCE |
5068 |
Success |
||||||||
|
9:55:46PM |
GERMANY |
11407 |
‘cess |
||||||||
|
9:57:52PM |
US500 |
2701.42 |
‘cess |
||||||||
|
10:02:02PM |
DOW |
25079.3 |
Success |
||||||||
|
10:04:57PM |
NASDAQ |
6770.12 |
6730 |
6687 |
6610 |
6818 |
6922 |
6960 |
7035 |
6822 |
‘cess |
|
10:06:45PM |
JAPAN |
21681 |
Shambles |