Vodafone Group
Wednesday, April 11, 2007

Chart courtesy of stockcharts

Shares of Vodafone Group rose more than 1% yesterday closing at 27.37$ after analysts of Bear Stearns upgrade the stock to "peer perform" from "underperform". Looking at the chart the stock still trading above 200 dma, which is a good signal, however since February stock inverted the trend. The resistance is now at 28$ near the 50 dma.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. The charts provided here are not meant for investment purposes and only serve as technical examples.

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posted by Pro Investor Trader at 12:10 PM | Permalink


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