Multichoice Group (MCG, 13987c) | During the second and third quarter of 2020, MCG provided opportunities on both the long and the short side however during the fourth quarter, the share remained without a directional bias as it hovered between a resistance of an average of 13750c and support of 12400c to 12700c. From the consolidation period which commenced on 22 October, we noted the candle structure reflecting a positive bias, with the ratio of green-to-red candles suggesting buyers remaining persistent at the multi-month overhead supply. Today's analysis on this share involved reviewing the monthly chart where we note the following: (1) the price continuing to test the overhead supply zone of 13500c to 13800c (a region that was also tested from June to November 2019). (2) the price has held above the most recent monthly chart pivot (3) We have seen a series of higher lows since May 2020 (4) the monthly RSI trades at 63, which is strong but not overbought meaning the share has room to advance over the long term.