$JSEMTN - Another gap filledMTN has now closed its second gap on the way up. Next target GP no.3 at R75? Longby Trad3r_1618
MTN - Trending up slowly but surely- MTN continues to edge its way upwards towards the daily 200 ma - Any break below the trendline or lower lows could signal a bearish change in direction - Better entries will present themselves on smaller time frame / pullbacks. -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. JSE:MTN Longby Trader-Dan7
MTN Group - Buy $JSEMarket currently forming a correction to retest 5498 price area, I expect it to find support there and create opportunity to buy and take profit @ 7500. Longby CashCow_Markets7
MTN Group in a Major Demand AreaA Masterpiece Technical Setup on Mtn Group! Epic Buying Opportunity with Low Risk and High Reward...Keep an Ear on the Fundimentals! Watch that supporting trendline! Buy against the supply!Longby Radical_Investments_Solutions6
Weekly game plan 5 July 2020 - MTNNice flat top triangle setup on MTN. A high volume breakout would be fantastic.Longby Herenya8
MTN MTN Group, 5498c I think it's worth watching MTN at current levels. Attached is the hourly chart, where the share has traded in a month-long sideways to gradually downward consolidation range. Several attempts to clear resistance have been unsuccessful however we know that more times a price tests a level, the greater the chance are that it breaks through it. What would we like to see? We'd like to see the price continue to hug the top of the channel combined with strong candle structure and preferably strong bids . This could give us further conviction that an upside break is possible in the near term. The RSI (lower panel) is attempting a break of resistance, which adds further comfort for upside pressure. What's the downside risk? 1. Price: a swift break and move to below 5295c 2. Market: a change in overall market sentiment (highly probable) 3. A move lower in oil (Nigeria being a large revenue contributor). On the upside, a break and close above 5580c would shift the bias in favor of the bulls.Longby LD_Perspectives2221
MTN Bullish SND Set-upWow what's happening here, -soo it seems to me that it will try to take out 5645 to make a demand zone; -it's bullish but...a note for the 5870, I think bears are strong there. Alright then, take care. All our market shared technical set-ups are speculative and not guaranteed, the analysis, ideas and also, the strategy of a chart belongs to Charts34T ; - it is not a market advice. You are both responsible and liable for your own account. Longby UnknownUnicorn146071Updated 7
MTN failed breakthrough of triangle Nope, doesn't look like it's gonna breakthrough, rather getting out of this one. Disclaimer: The views provided herein do not constitute financial advice. Please feel free to comment, critique or add to my view, I welcome feedback, whether it agrees with my views or not. This idea is based on my strategy, please consider your own before using it in any way. Always use a stop-loss and manage risk. by TradingMzansi117
Wedge continuationWe might see this guy falling after he break this wedgeShortby Mars_African_Empire7
MTN struggling here to break throughI'm holding MTN and want it to go higher, but it really seems to be struggling here, would need to break out of this triangle. Disclaimer: The views provided herein do not constitute financial advice. Please feel free to comment, critique or add to my view, I welcome feedback, whether it agrees with my views or not. This idea based on my strategy, please consider your own before using it in any way. Always use a stop-loss and manage risk. Longby TradingMzansi115
$JSEMTN Channel break and retest - Looking bullishMTN broke out of this channel for a second time, retested the channel break, and is moving higher. This is usually a bullish signal. R66 is the target on this one.Longby KoosKanmar9
$JSEMTN Flag breakout or fake outMTN breaking out of a consolidation pattern. Price target for this is 6640. That is unless this breakout fades and breaks back into the consolidation channel.Longby KoosKanmar11
MTN possible BounceMTN Short Has found resistance possible bounce has LTR to break as well before further upside can be achieved patience is requiredShortby surecanweight8
$JSEMTN Consolidating in a wide rangeMTN has been consolidating in a wide range 4250-5200 for a few weeks now. This range could potentially also be a bull flag in the making, and for those patient enough to wait for a 5200 break result in a 6600 price target. Longby KoosKanmar11
$JSEMTN Bull flag break retest ? Cutting it close. MTN dropped by quite a large percentage at one point during the day but recovered to some extend to close "only" 4.4% down. A negative day tomorrow would mean this share has broken back into the flag which would negate the bullish flag breakout. Still long and carefully optimistic, but would trigger stop at a heartbeat if this selloff continue. Longby KoosKanmar13