H&S formed on Telkom SA.
Looking foe the price to break above the neckline and confirm support above 37.
We could see resistance around the 38 area (200MA.)
Note:
- R35 (20ema) is a key area of resistance
- A 15% cut to the workforce is on the cards
- It is expecting offers for its tower and masts business also by March
- It will be interesting to see how much value Telkom can unlock by selling Gyro and part of Openserve
Looking foe the price to break above the neckline and confirm support above 37.
We could see resistance around the 38 area (200MA.)
Note:
- R35 (20ema) is a key area of resistance
- A 15% cut to the workforce is on the cards
- It is expecting offers for its tower and masts business also by March
- It will be interesting to see how much value Telkom can unlock by selling Gyro and part of Openserve
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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.