UPDATE: Mondi showing strong upside once it breaks the resistanc

W Formation & Ascending Triangle formed on Mondi as I stated before...

The price has continued to move up on a strong trajectory trend line.

It looks like momentum will continue up and we'll get a ver nice buy signal once it breaks above the neckline.

7>21>200
RSI>50
Target remains at R364.88
ALSIChart PatternsFundamental AnalysisjsejsemnpmondisouthafricaTrend Analysis

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Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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