When will you trade on Vod

[foroom lluzers]

Vodafone has underling strength , indices are also bullish.

How ,why and when will you trade this?

 

[foroom lluzers]

Price has risen but no trades yet?Signal was last week in original post.

Those who can't do, teach?

 

[foroom lluzers]

I don't know what is going to happen next , I buy when a support has been formed.

stop 115

bt and sector aligned

 

[foroom lluzers]

Many new traders keep stops very close , they get closed out and price moves in their direction , without them.

This is in profit

 

[foroom lluzers]

moved stop to 217.5

good profit

 

[foroom lluzers]

closed 1/2 for +4

rest to b/e

 

[foroom lluzers]

There both stocks are marching higher and both in profit

I preferred Vodafone because it made a previous attempt to go higher to 232

 

[foroom lluzers]

news out today

bullish fundamentals read on internet

Vodafone reported a solid performance in the first quarter with service revenue up 2.2 per cent to £11.5bn and growth reported across all of its operations excluding the Indian and UK markets.

 

[foroom lluzers]

closed 4000 shares

problem is the long funding costs eat away profits , better to buy on low cost outright non margin trading