Vodafone - 8-year long rising trend line breached
Vodafone shares have breached a long-term rising trend line. We are still away from November close. Prices could drop to 150 area over Q1, 2017 if the monthly candle does confirm a bearish break.
The monthly MACD also shows the bearish momentum is gathering pace, while the RSI too has slipped below 50.00 levels.
The monthly MACD also shows the bearish momentum is gathering pace, while the RSI too has slipped below 50.00 levels.
