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Community


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Online Share Trading

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MTN

Reply
Preston
Super Contributor
Vict, TA does not take into strategic acquisition. OMO.
0 Kudos
JohnnyCash
Super Contributor
Rumours around Israel and Iran can also play havoc with this one in the short term....
0 Kudos
Not applicable
I agree. It will react violently to any major news. But that makes it a gamble with bad odds in my book, which is also why I won't touch it now. If it shoots up, I'd wait for a kangaroo tail and trade it from there.
0 Kudos
sk_1
Super Contributor
Target price for MTN is 19358 in 12 months
0 Kudos
Not applicable
As long as people can't keep their mouths 100% shut about a strategic acquisition, technical analysis *will* reflect.
0 Kudos
Preston
Super Contributor
Don't understand your point , but i will respect it.
0 Kudos
Not applicable
And suddenly MTN is nestled under the top line of the wedge.
0 Kudos
bulletjie_1
Frequent Contributor
Grab the tail !!
0 Kudos
Russ
Super Contributor
Looks like a false breakout.The market generally looks weak imo.
0 Kudos