MTN headed for gap close

١٢ مارس ٢٠١٩

MTN has been trading in a sideways channel since late September 2018. It has now broken out of this channel, having moved up strongly the last few trading days. It is ready for a long position, and the target is the gap close.

Also bear in mind that it could possibly retrace back to the support level and bounce before it goes further up.