Timonrosso

MONDI Strong W Formation

Long
JSE:MNP   MONDI PLC
MARKET: Mondi ( MNP )
TYPE: Long (buy)
ENTRY: R288.42
STOP LOSS: R264.28
TAKE PROFIT: R324.76
REASON: W Formation
Breakout of medium downtrend
Moving average 7>21 - Bullish
Medium probability trade

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