12 Month Recovery Fractal
Since the dot com bubble sell off, every time the monthly StochRSI has gone below 2, Vodafone has made at least a 30% gain over 12 months.
The blue diagonal shows my current trend bias and I think Vodafone is undervalued for the dividend value it gives and the growth opportunities it can command given its economies of scale.
Invalidated for me at 146. A break of that and i think we are back into price discovery.
The blue diagonal shows my current trend bias and I think Vodafone is undervalued for the dividend value it gives and the growth opportunities it can command given its economies of scale.
Invalidated for me at 146. A break of that and i think we are back into price discovery.
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