Telkom (TKG) has fast become one of our most preferred JSE stocks this year. In the last 18 months Telkom has run from R13 a share (May 2013) to R62 (yes, a 375+% increase!) It gave us a fright when it recently dropped from R62 to R50 in a little over a week, but bounced back to R62 pretty quickly.
$JSETKG #Telkom – 6200 proving to be stiff resistance. Will it consolidate before pushing through? pic.twitter.com/VawcE1QmDx
— Storm Trading (@Storm_Trading) October 8, 2014