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TKG short term play

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faure
Frequent Contributor
A buy at today's close 14400 with a stop at 14000 isn't too bad an idea. 16000 is a chip shot.
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2 REPLIES 2
hobo
Contributor
I'm with you on that. 10 X normal volume traded today, a drop of 18 bucks down to early Jan 07 prices. I think a lot of stop losses kicked in and its overtraded.OMO. Tomorrow/Friday we will see.
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big_bull
Not applicable
TELKOM TOTALLY OVERSOLD. CURRENT MKT CAP = VALUE OF VODACOM SHARE ONLY ! VODAFONE WILL CERTAINLY PERSUE THEIR TALKS OF BUYING TELKOMS VODACOM STAKE EARLY IN THE NEW YEAR. SO YES, THERE'S A WINDOW AVAILABLE FOR A SHORT TERM BUY.
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