MTN GROUP LTD
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Bearish engulfing candle at resistance.

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After a few doji candles, MTN has developed a bearish engulfing candle at a resistance level. This is the sign of a possible reversal. I will keep an eye on this and if it breaks lower, I will consider a short position taking it all the way to either the 200SMA or the support level at around 5500.
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It seems to have changed direction and we are now looking at a cup and handle pattern forming

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