Telkom bounced off its primary trendline which offered an early entry
Price has just closed above the 50ma /200ma yesterday..
Pullbacks to R44-R45 may offer suitable entries for a move towards the up channel resistance. Below the recent swing low could open a possible bear flag break scenario...
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
Price has just closed above the 50ma /200ma yesterday..
Pullbacks to R44-R45 may offer suitable entries for a move towards the up channel resistance. Below the recent swing low could open a possible bear flag break scenario...
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
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.
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.