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LD_Perspectives
Aug 30, 2018 6:21 AM

Telkom - Triple Break Long

TELKOM SA SOC LTDJSE

Description

TKG is making a triple break: the 50dma, 200dma and nearly through the downward trend line.
Comments
LD_Perspectives
Thanks for your comment Darryn - I appreciate the feedback. I agree with you, maybe the base needs to build a bit more and the share should find it's feet. I am early quite bit on some calls so that's something I need to work on. I was chatting to Marius and commenting that I cannot buy at the bottom but rather around the bottom if you know what I mean - so I your comment about the price maturing is fair.
cgd
I like the emerging setup

My opinion for what its worth:
- I feel like the price needs to mature a bit more
- needs to break fib(orange horizontal line)
- Interesing to note that the network sharing agreement rumours - https://www.fin24.com/Companies/ICT/vodacom-is-said-to-discuss-network-sharing-deal-with-telkom-20180829

My chart for reference
LD_Perspectives
No problem Mark. More eyeballs to the charts.
MarkWeetman
Morning Lester. sorry, I didn't see you already posted this ... also up on my profile.
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