Since the year 2000, the Vodafon share is in a correction phase.
The sharp sale until September 2002 with the low at 79.82 pence marked the wave sequence A.
By 2014, I think Wave B has been going on for over 12 years, and since then, C's correction pattern has ushered in the next phase.
Wave 3 of this C could have been completed this month, so now the upward 4 is going on at Vodafon for the next 12 months.
Afterwards the final sell off should start and the price could fall into the area of 50 pence.
A recent entry would be possible if the SL is set to the current low. From 170 pence profits should be taken or the SL be tightened. Should the dividend return to 13 pence this year, an additional dividend yield of 9% would result.
Chart PatternsTrend AnalysisVODvodafoneWave Analysis

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