VOD is in a sharp downtrend, but appears to be hammering out a bottom, having found support at 26. ASK lists the P/E at 95, which would be exorbitant by NYSE standards certainly, however Yahoo lists no P/E, and a P/B of 0.78, making VOD cheap. Not sure why the discrepancy, but unless a company has a lot of problems and debt, it is rare to see it trade below book value for long. If VOD had no debt and its assets were fairly liquid, we could buy the company today, sell everything they own tomorrow, and potentially make 22% return! That can't last long, unless there is some reason for it. I don't follow the company, so I couldn't comment on that.
askresearch.com
Currently testing short term overhead at 28, with technical buy signals from oversold levels. MACD signal should occur very soon, and based on the size of the histograms, could be fairly strong. There is a positive divergence on the MACD histograms as well, and a crossover buy signal is imminent:
stockcharts.com[h,a]dbclyymy[db][pb50!b20!b10][vc60][iLp14,3,3!La12,26,9]
Having pulled off the lower rail of the 25 day BB, a move to the midline area looks likely. At this point (31-32) VOD will encounter both previous chart/candle resistance, and resistance from the midline region itself, which continues to be downsloping:
207.61.23.99
On the 10 min intraday chart, VOD is trading above all the moving averages, which are upsloping. There is short-term candle support at 26 7/8 and 27 1/4 on the 10 min intraday from Friday, which will probably be tested tomorrow, since this also coincides with where the moving averages lie, and the stock has traded more or less down to sideways during the latter part of the session today towards those moving averages.
askresearch.com
JMVHO, as always.......
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