$MTNN MTN almost 50% retracement from all time high...

Updated
MTNN MTN Nigeria just had about a 50% retracement from an all time high of 319naira/share.
Current Price: 170

#MTN price action previously rose through it's rising channel from 159 to 319.
Currently, price action is at the bottom of this channel, making for a low risk buy zone (btw 159-180).

Time to buy MTN Nigeria shares?
Note
MTNN shares still in buy zone...
approx. 50% retraced
Trade active
MTNN Mtnn price action just broke out of my "buy zone" 159-180
Expecting retest of previous higher prices: 242, 319
Note
over 20% up from buy zone...
Note
242 HIT!
Trade closed: target reached
242 Hit! Next target 319!
Beyond Technical AnalysisChart PatternsMTNmtnlongMTNNTrend Analysis

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