MTN -Daily falling wedge broken to upsideMTN has broken up from a falling wedge pattern = Bullish R:R - 1 : 2Longby T2TWELL8
#JSEMTN - LONG Idea - Price is at a trendline support - Divergence has appeared on the stochastic oscillatior. - Looking for a bounce to revert to the mean - SL & TP on chart - MANAGE YOUR RISK - Disclaimer: All ideas are my opinion and should not be taken as financial advice. Longby Trader-DanUpdated 7
Bullish Engulfing on MTNA bullish Engulfing has formed on JSE:MTN . This means that it is possibly going to reverse into an upward direction.Longby RossLarter3
$JSEMTN WEEKLYMTN WEEKLY is finding SUPPORT around the R94.20 level, this area was previously RESISTANCE. The STOCHASTIC is OVERSOLD, pointing upwards and crossing the TRIGGER line.Longby TraderBrett4
$JSE-MTNJSE:MTN Consolidates in box. Close bellow 9200 will probably open target around 8500.by ALSITRADER6
$JSE-MTN hourlyJSE:MTN Stuck in consolidation (flat top triangle) consolidation for some time. Trading statement this morning and looks market likes it so far. Break above 9600/9650 will open target around 10000/10100. by ALSITRADER10
Can $MTN break the downtrend $JSE Hoping $MTN has the legs to break up through the downtrend.by TradingMzansi0
MTN - Starting to move off the starting blocks...- As per the previous idea (link attached below)Longby Trader-Dan117
JSE:MTN Short ideaNot a pretty one for MTN shareholders. Following the previous impulse to the downside, the price has bounced to 61.8% fib. A break below could extend to 100% of the previous legShortby TheBrokeTraderUpdated 5
$JSEMTN WEEKLYMTN has formed a HAMMER candle on support on the WEEKLY. A HAMMER is typically a BULLISH candle when it occurs in a down trend and can signal a trend reversal. If the share price does reverse, the next resistance is around R110.Longby TraderBrett7
MTN -Technical UpdateWe may derive the following from the Daily MTN chart: 1. Price was slightly bullish last week, after dropping from our resistance level (purple box). 2. It is probable that price will test the trend resistance line and continue further down to the main support level. 3. Monitor price action and be patient before trading. 4. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.by zeerotrader6
MTN Bounce off strong supportJSE:MTN has failed to break through a strong support level and seems to be bouncing for an upward move. The stochastic is also in oversold territory which further signals a possible reversal.Longby RossLarter8
$JSE - MTN Still going down as discussed previouslyit may find support around 87 or 86 levelsby Thera50503
$JSE- MTN Broke below 9800as discussed earlier in the week. a break below 9800 may send price down to 8700by Thera50504
MTN longMTN on support on the daily chart,consolidating nicely ,but for the next leg upLongby momoparuk3
Bullish Engulfing on MTNJSE:MTN is showing a bullish engulfing candlestick pattern due to yesterdays price action. It's looking good for a long position.Longby RossLarter9
Looking for an AYOBA bounce on MTNEx dividend and holding! MTN is giving subtle hints of strength which could mean that a rally is imminent. MTN is currently holding support (surprisingly) and is also one of the very few stocks STILL trading above it's 200 day moving average. This just has to indicate that the price is still strong relative to the market. Trading now in extreme over-sold territory, this one just has to be worth a punt for an AYOBA bounce. I have got my "SMART strategy" clients long at 100.38 and I'm looking for a target near 110.00. Stop loss is placed at 95.59 and I am risking just 2% of my portfolio. robp@unum.co.zaLongby RobbyP6
MTN - Back Down?We may derive the following from the Weekly MTN chart: 1. Price has failed to substantially break/close above the 110 level. 2. The past two weeks have been extremely bearish. 3. It is possible that price may continue down. 4. Monitor price action and watch for further shorting potential. 5. As always - maintain your risk. Note: The views provided herein do not constitute financial advice.by zeerotrader3