$VOD - RC -
Added 2024-03-13 13:18:27 +0000 UTC$VOD remains stuck in this downward channel after losing its 2002 low at $79.
There was a retest of this level from below in Sept '23 and the price rejected and has proceeded to decline since and now sits at $67.
I believe there are a number of projects in the pipeline for $VOD so hopefully they can turn this around shortly and break out of this red channel.
I will be watching for a break above the 50 MA on the weekly chart at $75 for signs of a reversal.
Unfortunately the worst case scenario is a return to the IPO level at $41.
