Head and Shoulders formed on MTN a month ago. We did this prediction analysis showing the market entering into a bear market. Also, the price broke below the neckline showing downside to come. Price<200 21>7 - Bearish Target is still on board to R90.29
SIDE NOTE and TIP:
Banks, Insurance and Telecomms are normally the ones to crash first before the rest of the market follow. I call it BIT.
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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