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.
Comment:
Bluetel reaching that 298 target quickly after the false break as expected. Profit take.
