$JSEMTN - MTN: Consolidation Triangle Breakdown
See link below for the last coverage of MTN.
The stock has been moving sideways since October 2022 and over this period, I was tentative to the labelling of the consolidation.
Recent price action has given me more perspective and it looks like the larger structure from 21149 is a zigzag with an impulse for wave (A), triangle for wave (B) and the current sell-off looks impulsive for wave (C).
There are no reversal signs yet so I will maintain the bearish stance in the short-term.
The stock has been moving sideways since October 2022 and over this period, I was tentative to the labelling of the consolidation.
Recent price action has given me more perspective and it looks like the larger structure from 21149 is a zigzag with an impulse for wave (A), triangle for wave (B) and the current sell-off looks impulsive for wave (C).
There are no reversal signs yet so I will maintain the bearish stance in the short-term.
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。