Trad3r_16

MTN - Testing another big level

Long
JSE:MTN   MTN GROUP LTD
MTN hovering around 90 which is another important level of support. Facing a couple of challenges, like MTN Nigeria and the Israeli war, the price has some work to do. Possibly oversold in the short term, we could see a relief rally from this 90's area, or the price could stabilise and consolidate. Potential upside target is 109 and should the stock weaken further, a 70's handle could be possible.
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