MTN as we recently have seen, was bashed down. The recovery is now printing a Bull Flag at certain key Fibonacci Levels, which could signal some further upside in next few months. The Chart documents my thoughts.
As always get a few Experts advice before making any Investment or Trades.
May 2024 be prosperous to all. Regards Graham.
Comment
⋅
The Nigerian Naira devaluation was a fail for me. Got out at Break Even. Use stop loss. Staying Away for Now.
MTN is a solid one. I see the ups. Looking at Uganda shining. Currency devaluation is not that much of a big concern, MTN has little control especially in Nigerian financial policies. And MTN Group quarter 4 results will be reported this month. It will go bullish.