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MTN

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gleamin
Contributor
MTN seems to be holding well at the R74 level. My feeling is that the next stop is at teh R50 level if it breaks down...........any ideas guys?
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6 REPLIES 6
Not applicable
Look at the next ALLSH bounce/bear trap to see what shares are leading gainers - that shows where the value investors are piling in. At this stage the JSE is ready for a small recovery, but its more short covering. This big screaming MACD and RSI divergences are not showing yet, so no where near the bottom yet IMHO.
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gleamin
Contributor
Thanks Vic......
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gleamin
Contributor
Thanks Vitorc for that...........went long at 11am and enjoying the ride..........
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Not applicable
I think MTN will stop at 60000cps before bouncing back.
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Super Contributor
R600..WOW
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Highlighted
Super Contributor
MTN's on the move, check it yesterday and today again. WOW. one never has enough cash, hey, i would have liked to get some of these the other day (for long term again)
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