MTN Cup and Handle formed and the price has broken up and out of the brim level.
We are however seeing mixed signals.
7>21 <200 - Mixed
RSI>50 - Broken buy divergence
Also the price has come down which gives a conservative entry.
Bullish bias
Target R168.75
CONCERNS:
MTN for over a decade and has been on my naughty list. It seldom works with the system and it yields very slow results and returns when it does.
We are however seeing mixed signals.
7>21 <200 - Mixed
RSI>50 - Broken buy divergence
Also the price has come down which gives a conservative entry.
Bullish bias
Target R168.75
CONCERNS:
MTN for over a decade and has been on my naughty list. It seldom works with the system and it yields very slow results and returns when it does.
✅ Facebook:
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www.timonandmati.com
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twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
💰FREE Discord:
discord.gg/c8f37kyv35
Twitter:
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)