#Telkom #TKG -BUY $JSETelkom is currently in our resistance zone, where we are now expecting a correction to take place. Potential buy zone indicated on chart.
TKG trade ideas
Weekly game plan 5 July 2020 - TKGThe run has been glorious, but we think that it is time to starting banking those longs if you have not already.
TKG C&H PatternTKG
has bounced on top of Cup a pull back will complete the handle
before further upside
Telkom upward channel still in playNice upward channel on Telkom to help navigate the trade
Disclaimer: The views provided herein do not constitute financial advice.
Please feel free to comment, critique or add to my view, I welcome feedback, whether it agrees with my views or not.
This idea is based on my strategy, please consider your own before using it in any way. Always use a stop-loss and manage risk.
$TKG - Looking really interesting nowA breakout from its downtrend potentially targets R36ish.. We wait for confirmation.
$JSETKG - We have a breakout.Telkom looking bullish and could go much higher provided breakout level holds.
Could this be a turnaround for Telkom?It appears the long downtrend was broken and retested, hoping for a recovery.
Disclaimer: The views provided herein do not constitute financial advice.
Please feel free to comment, critique or add to my view, I welcome feedback, whether it agrees with my views or not.
This idea is based on my strategy, please consider your own before using it in any way. Always use a stop-loss and manage risk.
$JSETKG - Forming a raising triangleWould like to see Telkom close above R26 on the daily to confirm a long trade. Fundamentally cheap.
TKG testing LTRTKG is bouncing on LTR a break is a significant move up
but expected pullback is more in line with my analises
even further consolidation is more likely
Telkom (TKG) - testing key resistanceTelkom almost closed today on key resistance of 2112. Sellers tried to push it below the 20 day EMA but failed. Will have to see if it can break resistance this week especially the 50 day EMA at 2177. It tried to break through the 50 day EMA on 15 April but sellers pushed it down through the 20 day EMA. Once we clear 2177 convincingly, it will afford a buying opportunity with next resistance at 2458, 2580 and then 3185.
My analysis should not be construed as financial advise. Share trading is risky and unpredictable at best. I'm just sharing what I see.
Telkom -This is not a financial advice, Manage your risk according
This chart is really starting to get interesting. On the Weekly the price crossed 10MA for the first time since July '19. The R18.00 is acting as a solid support.
Daily 10 and 20 MA crossed. safe play would be to wait for the R21.50 to flip support.
Target would be R25 and R29
Stop loss : Close below R17.19 on the daily
#TELKOM #JSE #JSETKG #TKG
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TKG 1hr up from supportTelkom 1hr chart shows support at 18.50 with overhead resistance coming in at 22.50 and 26.50
Telkom [TKG]Data and Fibre to Home Access is booming, mobile and data telecom players are expanding capacity to stay ahead of demand and govt is rolling out emergency spectrum to cope with staggering demand during the WFH / Lockdown period. This should reflect in the price, yet its very sold off.
I like TKG for a bounce, entry around 2000cps and first target of 2300cps followed by 2500cps for the brave.
Good luck.
Pairs Trade Idea: Long Telkom / Short VodacomPotential Pairs Trade: TKG/VOD Daily Chart - Reversing Off Bottom of Channel Trend Line.
Current 0.2914
SL: 0.2770
TP: 0.3200
