Timonrosso

MTN Update Still on track and crashing down to 90.29

Short
JSE:MTN   MTN GROUP LTD
Head and Shoulders formed on MTN a month ago.
We did this prediction analysis showing the market entering into a bear market.
Also, the price broke below the neckline showing downside to come.
Price<200 21>7 - Bearish
Target is still on board to R90.29

SIDE NOTE and TIP:

Banks, Insurance and Telecomms are normally the ones to crash first before the rest of the market follow.
I call it BIT.

BITs to fall before the pieces!

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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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