TKG trade ideas
Head and Shoulder TelkomJSE: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.
TELKOM - Long IDEA- The share has been showing some support at these levels
- Possible move higher to test the 200 moving average of which a break could become very bullish (R27 level).
- A break below R23 could signal further weakness.
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
$JSETKG looks good on the hourly chart for a bounce.$JSETKG looks good on the hourly chart for a bounce. We have a potential triple bottom. Break above 2350 and then 2400 will target 2600.
TELKOM - LONG Idea- Price coming off oversold level on daily, breaking downtrend
- First resistance will be at the 200ma
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
JSE:TKG
Hoping for a bounch in TelkomIndicators are lining up well, monitor direction channel breaks
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.
Telkom to 320After the 296 rejection with a strong open, technically if Telkom breaks the 320 level it will form a new lower high around the 330 - 335 region.
TKG Bull flagAfter a huge run TKG pulled back in an orderly fashion setting up a bull flag pattern. A break above R37.66 TKG can target R43 - R45 area.
TKG LongTKG telkom has produced a beautiful Cup & Handle
wait for confirmation of trend change
this stock is set for some gains
Bullish flag
$JSE Telkom buyI shared Telkom on the 18th and 30th of June. still going according to plan.
NB: weaker Rand in the coming days may change this analysis. Trade with Care :)
Trendline break on TelkomUpward channel is broken.
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 Telkom Possible bullish flag patternTelkom seems to be consolidating into a flag pattern. Still early days as this pattern needs to confirm. Entry could be staggered into two trades. One when flag is broken to the upside, and a second when 3800 is breached. Two targets when 3800 is breached 4150, 4500. Stop loss when we break back into the flag pattern after is was breached on the daily chart. Wait for the break.
Telkom flags breaks upwardFlag broke upward, monitor for a retest and direction.
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 - Bull flag in playTKG close above R34 would trigger a long with target R37 and second target at R43
Monitoring what direction flag breaks in TelkomStill want to hold it long term, but if the trend breaks down here might let it go for now.
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.
