MCG had a good run from Sept 2020 and then started to trade in a range. It is losing momentum with the 50DMA crossing below its 200dma. It also got hit by tax news from Nigeria. I am not a big fan of shorting but if the tax situation is not getting resolved soon it might drift lower to close that gap at R103.
Trade ideas are my own and not financial advice.
Trade ideas are my own and not financial advice.