VOD - are we close to a buy?

cheers broad rock

I went back to the 1 hour chart and also went back through remo's notes below. The H&S target of 153 is very close. I think I am also seeing some bullish divergence on the hourly.
From my analysis, there seems to be some heavy buying just before the critical hourly resistances were broken.

just for some additional comfort - I went into the Vodafone section in III and found some recent broker price target and there seems to be close to your 195 target.

This my take on Vodafone, it certainly looks like decent Risk/Reward trade, buying at 160 with a stop below 148 and target of 205 if this wave count is right (probably not though). If the price drops 148 then this count is most likely to be wrong.

dl.dropbox.com/u/43650856/Vodafone%20-%20daily%201st%20Dec.htm

Thanks Waverider2 for high-lighting this one,
it is on my shopping list for next week..

So is VOD finally back on the roll?

Hi waverider

Only thing with vodaphone is its broken its main uptrendline and back tested this as well. For real strength to come this has to finish above 173. Thats not all thou. Theres a head and shoulders break on this and the target is 153. Theres a bigger head and shoulders forming as well.
This share has alarm bells all over it for the time being so be very careful.
for any rises ,this share will be limited to 173 . Its a real strong resistance level so that should be your target if you enter on a hammer.

I know this is being discussed in CV, our sister board so thought I would post here just incase.

What does this board think? a long is in order?

A hammer is at the right place?

dl.dropbox.com/u/4385922/vod0911.png