Trend-following momentum short on MTN
We have entered short on 
MTN because of 3 factors.
You can also see that it has been in a down trend for a good couple of months, so it is likely that it will continue down.
MTN because of 3 factors.- EMA's have crossed downwards
- Stochastic has crossed down through the 80
- MACD has crossed down
You can also see that it has been in a down trend for a good couple of months, so it is likely that it will continue down.
Trade closed: stop reached
Stop reached on 27 Dec
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.