Trad3r_16

Montauk Renewables - Looking for direction

JSE:MKR   MONTAUK RENEWABLES INC
MKR has broken two areas of strong support. First it broke its uptrend - blue TL and then broke horizontal support at 141.40. Currently trading in a small range in 'no-mans land' looking for direction. Either we could see a move lower to around 93-95 or hopefully it reclaims support at 141.40.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.