MONDI PLCLong
MNP now out the top of channel
Updated
JSE:MND was trading in a downward channel for quite some time and we were expecting a continuation down the channel.
It has recently turned and has broken out the top of the channel.
We are now looking at an upward move similar to what is happening on JSE:MND
It has recently turned and has broken out the top of the channel.
We are now looking at an upward move similar to what is happening on JSE:MND
Note
Yesterday saw a bearish engulfing candle but it seems to have gone in our favour so far today. Let's keep an eye on this oneNote
A bearish Harami has formed but it seems to not be playing out for now. Let's continue to keep an eye on this one.Trade closed manually
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