MTN Cup and Handle target to R168.75 - But warning!

١٢ فبراير ٢٠٢٣

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.