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MNP - Short

Short
MONDI PLC (JSE:MNP)  
RossLarter  
JSE:MNP   MONDI PLC
Trend Analysis jse ALSI ZAR southafrica mondi
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trendanalysis jse alsi zar southafrica mondi
MNP is showing all of the signs for a good short move. The stochastic and MACD both turned downwards and the 3 and 15 EMAs have crossed eachother in a downward direction. We are looking to reach a target at the 251 level which coincides nicely with previous significant lows from March this year.
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