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TKG - Broke Support

Short
JSE:TKG   TELKOM SA SOC LTD
We may derive the following from the Weekly TKG chart:

1. Price has broken below our major horizontal support.

2. Price should in all probability continue to drop further.

3. Monitor price action and look out for further short opportunities.

4. As always - maintain your risk.

Note: The views provided herein do not constitute financial advice.

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