MTN GROUP LTDSatış
$JSEMTN - MTN: Consolidation Triangle Breakdown
See link below for the last coverage of MTN.
The stock has been moving sideways since October 2022 and over this period, I was tentative to the labelling of the consolidation.
Recent price action has given me more perspective and it looks like the larger structure from 21149 is a zigzag with an impulse for wave (A), triangle for wave (B) and the current sell-off looks impulsive for wave (C).
There are no reversal signs yet so I will maintain the bearish stance in the short-term.
The stock has been moving sideways since October 2022 and over this period, I was tentative to the labelling of the consolidation.
Recent price action has given me more perspective and it looks like the larger structure from 21149 is a zigzag with an impulse for wave (A), triangle for wave (B) and the current sell-off looks impulsive for wave (C).
There are no reversal signs yet so I will maintain the bearish stance in the short-term.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.