Blue Label Telekom making a break
Blue JSEBLU has found good support off the 257 level. Share price trending up on news of potential acquisition of Cell C by Telkom. Risk reward ratio is about 3:1 with upside target of 338 and stop loss at 257. Share price looking to break above 50 day MA at current levels
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.