JSE:VOD Vodacom Continuing the Downtrend

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Vodacom has consolidated but after reaching the overbought trendline of the downward stride there was a clear change of character indicating weakness. The break of the TR range could indicate more downside to come.
Nota
After some consolidation at the bottom of the TR we see some increase in volatility and declining volume. The markdown could be ready to start.
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jsejsevodSupply and DemandTrend LinesVolumewyckoff

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