I've been watching the order book on MTNN all week, and while the momentum looks tempting, the spread between the bid and ask is making me hesitate on my usual entry timing. Are people waiting for a retest of the morning support, or just jumping in on the mid-day volume wave on the simulator? Would love to hear how others are managing their risk here without getting caught in a fakeout.
How are you guys timing your entries on MTNN after these recent volume spikes?
Stock Market
Asked by Tunde Bakare · 2 days ago · 9 views
1 Answer
That wide bid-ask spread on MTNN can easily trap you if you just chase those mid-day volume spikes on the sim. Personally, I find it safer to wait for the morning volatility to settle and watch if that support level actually holds before scaling in. Let the market show its hand first, because jumping in blindly when the spread is that wide is a fast way to ruin your average entry.
Tunde Bakare · 21 hours ago
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