Vodafone has pulled back from its January high of 240 says Marcus Bullus Trading Director at MB Capital. As the chart illustrates, Vodafone has been moving in a sideways range over a two year period, trading between 190 and 240. If the current support level holds there is the opoprtunity for investors to gain a 25% profit should the price move back towards 240. We really like Vodafone in the current environment as it benefits from the weak GBP and investors are being paid a dividend yield of 6.8% to hold the stock by entering at the current level.