KoosKanmar

$JSETKG Telkom Possible bullish flag pattern

JSE:TKG   TELKOM SA SOC LTD
Telkom seems to be consolidating into a flag pattern . Still early days as this pattern needs to confirm. Entry could be staggered into two trades. One when flag is broken to the upside, and a second when 3800 is breached. Two targets when 3800 is breached 4150, 4500. Stop loss when we break back into the flag pattern after is was breached on the daily chart . Wait for the break.

Comments

Hi Koos, do you have an update on this trade? I'm away from the computer and noticed by close this might of been invalid?
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