MTNI think if you plan to buy MTN for the long run the safest entry zone would be between R80-R90Longby clive5280
MTN'Politics' aside, short term trend is still up on the MTN daily chart. Technically we have what looks like an ascending triangle chart pattern, which, if confirmed, could take price above 90-100 in the short-medium term.Longby Innocentmaponde3
MTNHi there, This is a first publishing a technical analysis here. I am fairly new to trading and TA, so any constructive feedback would be most welcome. Let me know what you think of this idea. Not financial advice, just my opinion.Longby heingericke95Updated 113
Where to for MTN?The upward channel is still in play, monitor for break. Weekly indicators look edged to turn negative.by TradingMzansi111
#JSEMTN - Decent Pullback-After the news out of Nigeria, MTN has pulled back to the "ambush zone" of the last leg up - I will start accumulating from these levels for a relief move back up... -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. Longby Trader-Dan772
MTNMTN Group (MTN) | The price has developed a cup and handle technical pattern however ultra short term supply remains in the range of 7075-7115c range. For traders, we want to see this zone being held as a trigger which would open up 7312c as a first target while maintaining 6710c as a stop-loss up the aforementioned being triggered. This chart forms part of a larger research note. Longby LD_Perspectives2
MTN Trade setupMTN Group is still strongly bearish in the short term. A good recovery entry should be around the 5000 level to 7800 level. Note the daily downtrend is strong and the price struggled to break it or fill the early March gap. If it is broken, wait for retracement. Alternatively, use 6900 as your TP and fundamentals as your guide. by FumbaUpdated 441
HISTORY OF MTN - timelineThe chart explains itself , and one wonders what the future may holdby AWPEARCE11
MTN Cup & Handle Pattern Daily & Weekly C&H pattern developed on daily and weekly after a nice run from 5800 *Price is consolidating between 7200 and 6500 (the handle) *Price above the 30 week MA supports uptrend *RSI in positive territory *Gap at 7500 needs to be closed Volume spike at 7200ish need to confirm Bullish breakout - sitting on hands Note: Stochastic becoming overbought on weekly... (bear case) Potential Targets: 7500, 8000 and perhaps 9000 Disclaimer: This is my personal view and opinion and should not be taken as trading advice...Longby ConnieBezuidenhout1
$JSEMTN Cup and handleBullish cup and handle formation on MTN. Wait for a neckline break for targets 7800 and 8800 to open up.by KoosKanmar112
MTN has formed saucer with handleMTN is about to breakout, please be aware i am amateurby Millionaireportfolio0
MTN has formed saucer with handlei see MTN breaking out the range, please beware i am amteurby Millionaireportfolio0
Cup & Handle on MTNA Cup and Handle pattern has formed on JSE:MTN . The Cup with Handle is a bullish continuation pattern and as its name implies, there are two parts to the pattern: the cup and the handle. The cup forms after an advance and looks like a bowl or rounding bottom. As the cup is completed, a trading range develops on the right-hand side and the handle is formed. A subsequent breakout from the handle's trading range signals a continuation of the prior advance. I will look to enter long if it breaks above the high of 11 Nov with a optimistic target at the resistance around the 8800 level.Longby RossLarter114
Bearish engulfing candle at resistance.After a few doji candles, JSE:MTN has developed a bearish engulfing candle at a resistance level. This is the sign of a possible reversal. I will keep an eye on this and if it breaks lower, I will consider a short position taking it all the way to either the 200SMA or the support level at around 5500.Shortby RossLarterUpdated 112
Nice Cup and handle on MTN MTN is looking for a turn to the upside. looking like it wants to break outLongby VillageTraderZA0
MTN - Potential Cup & Handle continuation pattern formingIt seems that a Cup & Handle pattern is forming on the Daily chart(marked in YELLOW) For some technical details of the pattern you can visit the link below: www.tradingview.com TRADE IDEA (longer term swing trade) 1) Wait for confirmation break above 7100 to validate the pattern 2) ENTRY break of 7100 3) STOP < 6500 4) TARGET 8700 - 8800 (pink line) The above is only my analysis and the way I'll trade it, but not a trade recommendation. Longby Lifesong2
Hot tea??Can we sip on a hot tea at MTN this coming month and end the year on a better note??Longby Mars_African_EmpireUpdated 222
JSE-MTN: Rounded bottom (D)JSE_MTN: rounded bottom pattern forming and will confirm with a close above 6773. Upside TP of 8278 is possible PS: Stock looks overstretched as 14 day RSI nears the threshold of 70 by TiggzzPhiUpdated 1