VillageTraderZA

Head and Shoulder Telkom

Short
JSE:TKG   TELKOM SA SOC LTD
JSE:TKG

The share recently bounced off the R15 level, an area it last traded in 2014. It has since been making higher lows since. However, We have a Head and Shoulders pattern. In the direction of the trend. I’m looking to go short on the break of the diagonal neckline. Targeting the R15 Support level .

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