TheBrokeTrader

JSE:MTN Short idea

Short
TheBrokeTrader Updated   
JSE:MTN   MTN GROUP LTD
Not a pretty one for MTN shareholders.
Following the previous impulse to the downside, the price has bounced to 61.8% fib.
A break below could extend to 100% of the previous leg
Trade closed: stop reached:
Still a long way down.. stop moved to break even.
Trade closed: target reached:
Full target reached

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