Get started
RossLarter

MTN at strong resistance

Short
MTN GROUP LTD (JSE:MTN)  
RossLarter  
JSE:MTN   MTN GROUP LTD
Trend Analysis Support and Resistance jse ZAR MTN southafrica ALSI
5
0
trendanalysis supportandresistance jse zar mtn southafrica alsi
MTN is currently at quite a strong resistance level and the expectation is that it will find resistance again. If it bounces off the resistance level, we will look to enter a short once it breaks through the fractal of 26th of July.

If it breaks through the resistance, we could possibly be looking at a potential long position.

Trade directly from TradingView through Velocity Trade. Get started here: suretrading.tradedesk.co/TradingView

For more info about our training and mentorship visit www.suretrading.co.za
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.