JSE:TKG   TELKOM SA SOC LTD
We may derive the following from the Weekly TKG chart:

1. Price has dropped significantly from the ATH. However, we need to keep in mind that the sell off may present new buying opportunities.

2. The purple box represents a major retracement level and as such we need to watch price action for a potential buy.

3. Monitor price action and be patient before trading.

4. As always - maintain your risk.

Note: The views provided herein do not constitute financial advice.

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