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TheBrokeTrader
Aug 9, 2019 1:07 PM

JSE:MTN Short idea Short

MTN GROUP LTDJSE

Description

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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