Lifesong

MTN - Potential Cup & Handle continuation pattern forming

Alış
JSE:MTN   MTN GROUP LTD
It seems that a Cup & Handle pattern is forming on the Daily chart(marked in YELLOW)

For some technical details of the pattern you can visit the link below:
https://www.tradingview.com/ideas/cupandhandle/

TRADE IDEA (longer term swing trade)
1) Wait for confirmation break above 7100 to validate the pattern
2) ENTRY break of 7100
3) STOP < 6500
4) TARGET 8700 - 8800 (pink line)

The above is only my analysis and the way I'll trade it, but not a trade recommendation.
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.