Today a bear flag broke on the news of a potential Telkom buyout of Cell C. If this proves to be a fake break then it could present a buy opportunity, else stay away. If this share trades above 255 by close of business, it could reach the top of the channel 299 very quickly. Speculative bet not for orphans & widows.
Note
Bluetel reaching that 298 target quickly after the false break as expected. Profit take.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.