RobbyP

MTN- SELL

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RobbyP Uppdaterad   
JSE:MTN   MTN GROUP LTD
If you were fortunate enough to catch the rally, now would be the time to sell (if you didn't get out at the top). Today's price action suggests that MTN is breaking below the all important 200 day Moving average. Should the share price end the day below that, any follow through from there could likely see the stock drift lower all the way back towards major support which I would place between 122.00/125.00. That might open the door to take up a long position from there. But for now it looks like a strong sell...
Kommentera:
And there she goes...
Kommentera:
Oh look...another profit!
Trade stängt: målet nått
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