Mondi - Ascending Channel
Mondi appears to be moving in a channel, indicating a possible long entry close to support line. Technical indicators suggest the share will rebound
Stoch RSI: Oversold
BB: Nearing lower confidence level
MACD is narrowing
Stoch RSI: Oversold
BB: Nearing lower confidence level
MACD is narrowing
Trade closed: stop reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.