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RossLarter

Possible down coming for Multichoice Group

Short
MULTICHOICE GROUP LTD (JSE:MCG)  
RossLarter  
JSE:MCG   MULTICHOICE GROUP LTD
Trend Analysis Triangle jse ALSI ZAR southafrica multichoice
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trendanalysis triangle jse alsi zar southafrica multichoice
MCG has been on a great bull run since mid-September but it looks like it might be turning down soon. It is currently consolidating at a previous resistance level. If it breaks lower out of the triangle pattern it is currently in, I will consider short.
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