Timonrosso

Mondi setting itself for amazing upside

Long
JSE:MNP   MONDI PLC
W Formation & Ascending Triangle has formed on the daily time frame.

There is an impenetrable resistance right now at R318.00.

Once we break above it, it could be a fantastic trade for upside.

Until then, we'll add it to our watching and waiting list.

7>21>200
RSI>50
Target R364.88

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