Take Profit (Short Term Traders): The Share Has Rebounded by 7%

+50 Take Profit Opportunities: Our Capabilities > https://www.unum.capital/post/capabilities

Free Content: August 2026 > https://www.unum.capital/post/raug2026

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NOTE: When Published Intraday (JSE Equities), Prices Are Delayed By 15 Minutes

This idea was published (for free) on this website on 04 August, preparing the client for the opportunity.

This is a follow-up note, alerting you, the client, to consider taking profits.

MTN Group.

Into the buy re-entry range followed by a strong rebound.

Anyone out there take advantage of this opportunity? I'd love to know about it. Get in touch with me at lester@unum.co.za

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Previous Post (04 August 2026): MTN Group's Buy Re-Entry Range (Short Term Traders)

Provisional buy re-entry ~18200c to ~19400c. This is the swing support range and the overshoot of the 200-day SMA /50-week SMA. This range is subject to change as the news flow and price action develops.

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Previous Post (Monday 03 August):⚠️Early Warning, Now A Massive Sell-Off For This South African Share (-10% on Friday)

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Previous Post (21 July): 📝 Take Note...Bearish Engulfing Candle Sets Early Tone For Potential Bearish Reversal

MTN Group: Yesterday's bearish engulfing candle is worth noting. Depending on todays intraday price action, it could signal the start of a short term bearish reversal.

Lester Davids

Senior Investment Analyst: Unum Capital