Vodafone Group (NYSE:VOD)
Q: Hi there,
A:We issued an Uptrend on shares of VOD back on 4/1/09 @ $18.44. The stock has traded mostly sideways since then, bumping along the 200-day average resistance line. The shares have had a hard time going above $20. If you draw a trendline from the March 9 low to the June 8 low, you will see that VOD shares crossed below that line which is a little bearish. Hasn’t fallen too far below but will take some work to get back above. On the positive side, the 50-day moving average is looking to cross above the 200-day average which is sometimes considered a bullish technical indicator. Again, we still have VOD in an uptrend but monitoring it carefully for any changes.
As for your pitch, all I can say is good luck.