Telkom managed to peak at R35 resistance before having a deep dive to R32. Completely disregarding R32 as a support line. Currently at R30, if its current trajectory continues, we may see the R29 support line hold again as it has been called to action twice before, and if the markets allow it may hold again. At this point investors will be keen to try get comfortably above R37 but they must accept that approaching this line, may produce another dip. The level of predictability can be profited on.