JSE:TKG Trading Range Formed

TELKOM SA SOC LTDJSE

Description

⋅ Sep 8, 2019 2:41 PM

Telkom has been in a strong uptrend but after a buying climax (BC) on high volume and automatic reaction (AR) we have set the bounds for a trading range (TR). As it develops further we will be able to see if it a re-accumulation or distribution.