Vodafone price confirmed its affection by the bearish bias domination by providing strong negative trading after testing the resistance at 215.00 to notice its stability at 199.00 currently, which makes us keep preferring the domination of the negativity in the near and medium period, reminding you that surpassing the barrier at 196.00 will open the way towards achieving more of the negative targets that begin at 177.00 reaching to 158.60 in the upcoming period.

The stability of the moving average 55 near the mentioned resistance confirms the price confinement within the negative range, accompanied with stochastic negativity by its stability within the oversold level, which provides extra negative momentum in the current period.

Expected trading range for today is between 206.00 and 177.00

Expected trend for today: Bearish