EM1 Signs agreement with MTN

Emerge Gaming signs a 2 year agreement with MTN to distribute and market Emerge’s mobile competition and tournament platform technology. Huge potential with big profits for both companies. Great exposure for EM1 with MTN being the eighth largest Mobile Network Operator in the world and the largest in Africa. MTN has committed to invest into the marketing support and prizes in the first 12 months of the agreement. EM1 has also stated they have efficient cash on hand to fund the launch of the MTN Arena platform.
In my analysis I have marked the support and resistance zones.

leave a comment if you have any other ideas.