MTN Group Limited (MTN)
As you know MTN has been on my watch list for a while now and has finally given me a signal to trade as it has closed above 13000c.
I am looking to long the stock but take caution as we are expecting the rating agencies to give their findings this week and the outlook might not be favourable and will have an impact on our Financial and retail sector and the economy as a whole.
Trade: MTN Group Limited (MTN)
- Entry: Long (buy) Current levels or pullback to 13100c
- Stop: 12656c
- Target price 1: 13350c
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