JSE:MTN Short idea
Updated
Not a pretty one for MTN shareholders.
Following the previous impulse to the downside, the price has bounced to 61.8% fib.
A break below could extend to 100% of the previous leg
Following the previous impulse to the downside, the price has bounced to 61.8% fib.
A break below could extend to 100% of the previous leg
Trade closed: stop reached
Still a long way down.. stop moved to break even.Trade closed: target reached
Full target reached
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