VPG 0.00% $1.79 vodafone group plc.

rally tommorrow to retest 12c resistance

  1. 3,091 Posts.
    Hi Spotty do not mean to put you on the spot LOL but you mentioned there could be a rally tomorrow after a bounce at 9.8c at which it closed. So far you are right, do you have anything to add?

    With the massive volume today of 44,666,088 at a value of $4,654,032 means the VWAP would be 10.4c, well above the close. The day also closed green and the gap on open was closed during the trading day.

    The open was spectacular , a slower steady rise would have been preferable however the uptrend is still intact with another 4.3% put onto yesterdays close.

    Previous sessions has seen the SP rise over the course of the day, today perhaps due to media interest morning buying occurred with a massive spike on open. The SP held up particularly well with traders closing out positions before the end of the session.
 
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