*An extract from my weekly report* 31 May - 04 June
"Vodacom Group | Equity Portfolio Perspective (via monthly Chart)| The share is heading for it's best monthly close since October 2019. The long term pivot level for the share remains 13318c where a close above this zone breaches a 3-year horizontal overhead supply opening up 14600c to 15400c over the medium term."
As noted a few weeks back Telecoms on a relative recovery vs the All Share Index (J203).
"Vodacom Group | Equity Portfolio Perspective (via monthly Chart)| The share is heading for it's best monthly close since October 2019. The long term pivot level for the share remains 13318c where a close above this zone breaches a 3-year horizontal overhead supply opening up 14600c to 15400c over the medium term."
As noted a few weeks back Telecoms on a relative recovery vs the All Share Index (J203).