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TELKOM SA SOC LTD
Short

Head and Shoulder Telkom

119
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.
VillageTraderZA
Also on:
Chart PatternsTrend Analysis

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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.
Chart PatternsTrend Analysis
VillageTraderZA
Also on:

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.