$JSEMTN - MTN Group: Buy The Dip
A simple analysis of MTN following a 47% dip from the 52 week high.
MACD/price convergence signals the selling momentum is waning.
The resistance trendline has not yet been broken convincingly.
Use R112,62 as stop-loss level.
MACD/price convergence signals the selling momentum is waning.
The resistance trendline has not yet been broken convincingly.
Use R112,62 as stop-loss level.
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