VOD - are we close to a buy?

How do you rate moving averages in terms of resistance Remo ? Am I right to identify the 20 day EMA as a point of resistance ? (this is the first chart I have been brave enough to post)

hi longterm_view
thats low enough when targets are involved. 1 point out...dohhh....Its no suprise that it bounced from 154 thou as thats where the main support lies so it should have bounced on first contact.Which it did.
There some resistances ahead for vod so id only consider this if we get a 123 low first and not before.
This needs higher highs to even consider any longs.
The resistances lie in the form of gaps .look at chart



DYOR

In my humble opinion, I think it would take something special to get this sucker off the floor that is represented by the support at 154.8. There may be a possible MACD crossover due to todays jump in almost all shares, but given how VOD has behaved lately, I don't have any confidence that it will get up off its back and start to run. If it did show signs of life there is the matter of the 22 day EMA to over come. I reckon that would be a major struggle. Don't mean to pee on your party and I wish you lots of luck in a very brave trade indeed.

Do bear in mind that I don't know a lot, so VOD is probably due to fly !! I will try and post my chart below. Hope it works

www.dropbox.com/s/ybes2mc87vzz9xl/VODAFONE%20GRP%202.png

New Year, New Passion!!

Well i have bought into VOD around 154.8.

No chart sorry, dropbox not working.

There seems to be RSI divergence on the hourly chart.

Just a couple of New Year Questions for you Remo,

Is 154 close enough to the 153 head and shoulders target?

154 looks like strong support, i also have the 38.2% fib at 154.8 (Move from 94.9-191.7)

Where would you place the stop? Around 151? or is that to close and as broad-rock said "stop 148"

I would say 155 was close enough to the H&S target of 153.
But a visit to 153 would be a real opportunity to buy with
a nice tight stop.

Phased buys then.

here's the hourly chart