You might consider buying this stock for its dividend and trendline support.


1) Vodafone pays a dividend yield of 6%+.

2, 3) The stock dropped sharply and stopped right at the weekly and daily Memory trendline support, from where it is going up today.

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$VOD long Bounce trade that I suggested yesterday has covered more than the risk amount.

CUE traders might book at least a partial profit or set trailing stop to ensure that profit does not erode.

1) VOD touched Memory trendline support and went up from there.

2) It gapped up by more than 3.5% today, and the profit has covered more than the risk taken in the trade.

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