MTN Cup and Handle formed and the price has broken up and out of the brim level. We are however seeing mixed signals. 7>21 <200 - Mixed RSI>50 - Broken buy divergence Also the price has come down which gives a conservative entry. Bullish bias Target R168.75
CONCERNS: MTN for over a decade and has been on my naughty list. It seldom works with the system and it yields very slow results and returns when it does.
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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