Peet_Serfontein

MTM: bullish pennant applicble?

Long
JSE:MTM   MOMENTUM MET HLDGS LTD
A price action above 2040 supports a bullish trend direction.
Increase long exposure for a break above 2120.
The target price is set at 2200.
The stop-loss price is set at 1990, which is also the 23.6% Fibonacci retracement level.
Remains above its 200-day simple moving average.

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