Timonrosso

MTN Rev Cup and Handle on Daily showing strong upside to come

Long
JSE:MTN   MTN GROUP LTD
Rev C&H has formed on MTN.
The price has broken above the brim level and also it's broken above the downtrend since 11 March 2022.
So this looks good for upside. However there is a warning.
7>21
RSI>50
Target R165.39
WARNING:
I never ever get MTN right in all my 20 years of trading the JSE, so take this with a pinch of salt.
MTN is on my S&^t list and yet, I try do an analysis every few months.
Has a mind and personality alone.

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