VPG 0.00% $1.79 vodafone group plc.

One more thing.The 200 day EMA is sitting at around 13.95...

  1. 173 Posts.
    One more thing.

    The 200 day EMA is sitting at around 13.95 cents.
    The 50 day EMA is sitting at 13.35 cents.

    They are very close together but have not yet crossed.

    Should the 50 EMA cross UP the 200 EMA,then VPG would more or less "officially" be in a primary uptrend. At the moment we are building the foundations for a future bull trend.

    We must be patient. Also, find something else to do during the day so the boredom does not get to you.

    I suggest everyone forgets about the fundamentals because that will NOT change what VPG does today, tomorrow or Wednesday. Fundamentals are nice but completely useless.

    One thing worth remembering that may keep money in your pocket is this: Fundamentals (news or whatever) does not lead a trend. You will find that the trend leads the news. Think about this for a moment.Only beginners think the former. Bloomberg, CNBC, SkyNews, FN Arena - Completely useless. I havent used fundamentals or "experts" news on Cable TV for more than 10 years. When I did, it cost me a lot of money. But I learnt quickly.

    If these EMA's cross we are looking at powerful move.

    Cheers
    Babylon
 
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