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RossLarter

Vodacom - Bearish Engulfing candle pattern forming

Short
VODACOM GROUP LTD (JSE:VOD)  
RossLarter  
JSE:VOD   VODACOM GROUP LTD
Trend Analysis Chart Patterns jse southafrica ZAR ALSI vodacom vodafone
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trendanalysis chartpattern jse southafrica zar alsi vodacom vodafone
The market doesn't seem to have reacted well to the restructuring of VOD today and has formed a massive bearish engulfing candle with today's move. Along with this, it has broken the upward trend it has been following since mid March. If it trades lower tomorrow, I might consider a short position.
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