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Timonrosso

UPDATE: Mondi showing strong upside once it breaks the resistanc

Long
MONDI PLC (JSE:MNP)  
Timonrosso  
JSE:MNP   MONDI PLC
Trend Analysis Chart Patterns Fundamental Analysis mondi jsemnp jse ALSI southafrica
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trendanalysis chartpattern fundamental mondi jsemnp jse alsi southafrica
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
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Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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