LD_Perspectives

Vodacom - Using data as a guide to capture intraday cashflow

JSE:VOD   VODACOM GROUP LTD
The pivot to some form of automation is proving useful to a certain degree. My daily data isn't foolproof but merely acts as a guide. Data for end of day yesterday suggested VOD could overshoot the highs, and if it fails to hold, provide an opportunity to short/sell back to the 8-EMA. This is exactly what we saw this morning with the price selling off from above 13800c to above 13200c. If you managed to catch 70 to 80% of that, there may have been at least 450-500c up for grabs to generate intraday cash-flow.

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