MTH rangeMTH trading in a R10 range between R105 and R115.
Trade ideas are my own and not financial advice.
MTH trade ideas
MTH bull flagMTH forming a potential bull flag. If triggered a move to R120 is possible.
Trade idea are my own and not financial advice.
MTH range breakWhile one should wait for the close to confirm break next targets can be R120 and R125.
Trade ideas are my own and not financial advice.
Long Idea on MTHThere is a nice C&H setup here. A long position can be initiated with a close above the 10000 level. Price action should be monitored as the 10230 level has been tested before with a selloff ensuing thereafter. ST limit of 10800 if you use price targets. A previous IHS setup failed in this stock so, as always apply your risk management when trading
MTH major support holding at 82.50MTH daily chart holding the major support of 82.50 level.
reward to risk 2 : 1
Long Idea on $MTHThere is as an ascending triangle setup on the weekly chart and an IHS setup in MTH on the daily chart which has a decent R/R. Price is hovering near ATH's in the stock and is ready to break out. A long position can be initiated using the guidance provided on the chart.
Long idea on $MTHThere is as an ascending triangle setup on the weekly chart and an IHS setup in MTH on the daily chart which has a decent R/R. Price is hovering near ATH's in the stock and is ready to break out. A long position can be initiated if/when price closes above 9780 level.
MTH - Bull FlagA close above R94 triggers the long idea with 1st target at R98 while full target is at R108. Stop loss a close below R88
Motus Holdings - MTHMTH - Formed a falling wedge. Break above 92.50 will validate the falling wedge and target 100.00.
$JSEMTH Motus could be motoring away quite soonMotus Holdings (JSE:MTH) is trading within the bounds of a constricting triangle. Triangles are generally continuation patterns which would lead you to believe that perhaps the next move is down, however, there are occasions in extreme circumstances such as these where the stock has moved so aggressively that it could also result in a bottoming pattern. In either event, the important levels to watch are R30.00 for the downside break or a close above R35.00 for an upside break. For now traders can likely trade the R30-R35 range until the stock decides in which direction it will ultimately resolve. Targets are huge on this one, R54 for upside break or as low as R10 if we get the downside break.
MOTUS - COVID Recovery trade- This is a possible recovery trade with a decent risk/reward
- Currently working on the 5th "inside day" of trading of this range
- An agressive entry will be at current levels or a safer entry is a break above and close above R32.73
- Below R27.00 will open a short entry to target lows
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
JSE:MTH
