VillageTraderZA

Bullish flag on Mondi

Long
JSE:MNP   MONDI PLC
The stock is also looking good at the moment. After staying in the R279 - R333 box for about two years. It didn’t stay long in the R333 - R366. Recently the stock broke R366 resistance, and came back to retest this level.

Taking a look at the daily chart . There's a nice bullish flag pattern. That broke out and retested the flag’s resistance. Providing a nice entry signal to add to my position.