TKG trade ideas

AcolyteTrader

Price has formed this nice ascending triangle however if you haven't already bought TKG from its last break at 4400 then the R/R may not be suitable for a buy at a breakout of this setup. However if you are pyramiding then this is a decent level to buy more lots. Weekly volumes in this stock are a smidgen higher than the previous week, however the LT trend is up....

Effstats Updated 

This is what I see Support line broke 50 EMA broken 200 EMA broken Momentum waves to the down side Money flow going into the red See you guys at the the two fib levels, but most likely turn around on the 618 line. There could be some pull back to the 200 EMA but with money flow going into the red its just a formality.

Sbo_Dhlamini

telkom gearing for a move higher on the break of the box range

04:12

Mike_Ledwidge

We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.

04:13

Mike_Ledwidge

We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.

Trader-Dan

- After losing the secondary trendline , price found support on the primary trendline. - A massive 22% range in two days

TradingMzansi

Telkom made me wait for this one, finally got the break!

T2TWELL

Telkom breaks out of bearish channel Reward to risk 3:1

TradingMzansi

This one has been making me weight and turned just before my line in the sand. Good day today, want it to break this downtrend.

04:12

Mike_Ledwidge

We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.

AlphaQuantTrader

Those who bought or holding long term positions on telkom should praise for the worst.

04:53

Mike_Ledwidge

We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.

TradingMzansi

Telkom at the bottom of positive channel, break would mean end of momentum, hoping channels holds.

05:06

Mike_Ledwidge

We give a quick recap of markets overnight and the previous day and insights into the day ahead with a few trade ideas on the day. Ideas are strictly NOT INVESTMENT ADVICE.

Innocentmaponde

Incline support breached, price approaching the last line of defense, the 200dma; up to it (200dma) to keep uptrend intact!

TradingMzansi

Hoping Telkom can break through this wedge to find some higher ground

unclecool787

JSE:TKG Don't you love the tension when a symbol gets to this point: - MACD is at the signal line, - RSI is at call it 50, - The price is on the 5EMA which is on the 15EMA which is more or less on the 200DMA, and - It's all at the tippety point of a symmetrical triangle In its longer term trend I would've leant toward the triangle resolving upward to R50,...

JonathanOtero7f

R44 was previous resistance and we have seen TKG going sideways for the past few sessions, a close above R45 triggers the long idea with a stop loss a close below R44 and full target at R48.