Rising Wedge looking fragileMTN made some good moves- but keeping an eye if this wedge breaks.Shortby TradingMzansi0
MTN- The trade of TERRORBesides finding top line resistance and running out of "air-time", Bloomberg this morning, reported that MTN is being accused of aiding an Iraq terror campaign. whether it's true or not makes no difference. Investors will not see this in a positive light. Sell now while you canShortby RobbyP1
MTN making a run for 13742The share price of MTN Org has broken the trendline and closed above it as it makes a run for the next high at 13742. Longby PlacidBullFinancialMarkets2
MTN Group - Weakness Emerging - Confirmation of Pre-Market Data Coming in this morning our short term swing data for MTN Group suggested: "Strong Upside Move But Momentum Slowing With Sellers Becoming Active". This afternoon we are starting to see the weakness emerge with the share having developed a bearish engulfing candle at the channel resistance which is close to the linear regression channel (upper band). The following is also noted: - Bearish divergence on the RSI - Price (10346c) extended well above 200-day (7268c). For short term traders, possibly some caution on buy/long side.by LD_Perspectives114
MTNPrice attempting a break of the 100/105 resistance area on the weekly. Once that's out of the way I reckon 140 soon. Price in overbought territory though, so its possible we might get a pullback before the break!Longby Innocentmaponde3
MTN Group LimitedI'm long MTN with a price target of R104. I think the bull flag forming in MTN is signalling that the uptrend is going to continue. Stop loss at R91.50. However, long term I still think it is a fantastic share to hold. Longby TalkingCents3
MTN: higher highs and higher lows?Repetitive nature of the recent price action remains of interest. Above 9504 supports a bullish trend direction. RSI is at 61, leaving enough room for further upside price potential. Price action also remains in an inclining channel pattern (see the parallel dotted trendlines)Longby Peet_Serfontein2
MTN (closes in on R100.00)- Watching the bold green line and purple upward channel.Longby MegsCharts2
MTN GROUPMTN Group Limited, formerly M-Cell, is a South African multinational mobile telecommunications company, operating in many African and Asian countries. Its head office is in Johannesburg. This might be a potential rise in the share price of the Company for MTN.by GONTSE_MOKOBI1
MTN Pushing against top of wedgeMTN Pushing against top of wedge - looking good for a break upby TradingMzansi3
MTN looking like its changing gearsMTN looking good, moving to a higher box, and the 30w EMA is close to crossing the 60w EMA as wellLongby VillageTraderZAUpdated 2
MoMo upside for MTN?Very interesting level for MTN currently. I see in the media that JPMorgan last week upgraded the company, with a target price of R110. It has now reached its short-term resistance level and with the 14-day RSI trading at EXTREME OVERBOUGHT levels, could see some interim profit-taking. The momentum however is strong and with the fundamentals improving, do concur with the current JPM valuations. by SchalkLouw115
MTN rectangle consolidationMTN is consolidating between R71 and R73. A break on either side would decided which direction we go although currently the trend is up so probabilities are on the long side. by JonathanOtero7fUpdated 1
MTNI think if you plan to buy MTN for the long run the safest entry zone would be between R80-R90Longby clive5280
MTN'Politics' aside, short term trend is still up on the MTN daily chart. Technically we have what looks like an ascending triangle chart pattern, which, if confirmed, could take price above 90-100 in the short-medium term.Longby Innocentmaponde3
MTNHi there, This is a first publishing a technical analysis here. I am fairly new to trading and TA, so any constructive feedback would be most welcome. Let me know what you think of this idea. Not financial advice, just my opinion.Longby heingericke95Updated 113