RobbyP

Mondi PLC- 3rd attempt...

RobbyP Updated   
JSE:MNP   MONDI PLC
Making its 3rd attempt at that resistance levels now means that the next move will tell us what to do. A failure to get through R340.00 will signal a strong short for some decent downside. Obviously a convincing push higher will trigger a brand new buy signal. Just be aware that you may have to navigate their upcoming earnings...I'm not sure that I ant to be long into that right now...
Trade closed: target reached:
As predicted, Earnings were kaka. we've taken a massive profit
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