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Timonrosso
Feb 28, 2024 2:32 PM

UPDATE: MTN Diamond Break down and heading to R60.65 Short

MTN GROUP LTDJSE

Description

This has been a long winded analysis.

We sent out this one on 22 Dec 2023, which gave a Conservative entry from the Dimaond Breakdown.

And now the momentum is picking up to the downside.

We also have an Reverse Inv Cup and Handle which is rare but also effective.

The Nature is still High probability as the Price is below BOTH 20MA and 200MA.

Target easily still to R60.65
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