JSE:TKG Telkom Markup

Telkom is another stock starting to be marked up. Again the March 2020 lows were the trigger for the CO to start buying. Telkom has not made lower lows since then. There was a major sign of strength (SOS) from May to July 2020. Now we have seen a backup (BU) to a last point of support (LPS) and previous resistance. After a significant bar today we are looking for a break above recent highs and the markup to gain some momentum.