Keep it short
MTN and Aveng pointing to lower targets
MANY LARGE-CAP industrial stocks on the JSE are now following their resources counterparts and taking a heavy beating. We look at two such stocks, former darlings of the industrial sector: the MTN Group and Aveng. Both charts have broken down from large reversal patterns and are pointing to significantly lower targets to come. Once again, the money continues to be made by the short sellers on the market and will remain so for the foreseeable future.