TELKOM SA SOC LTD
Long

Watching TKG for a long

93
Price has formed this nice ascending triangle however if you haven't already bought TKG from its last break at 4400 then the R/R may not be suitable for a buy at a breakout of this setup. However if you are pyramiding then this is a decent level to buy more lots. Weekly volumes in this stock are a smidgen higher than the previous week, however the LT trend is up. Be wary of selling at the 5000 level. Always manage your risk

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