Trend_Trader_JSE

MTN at an area of value

JSE:MTN   MTN GROUP LTD
MTN is back at an area of value. The stock attempted to rally following the proposed TKG takeover, both stocks enjoyed a mini-rally. The rally ran out of steam last week, and now MTN is back at the support level. A catalyst is needed here to push the stock up, otherwise a potential breakdown may play out. No position.

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