MondiJSE:MNP is trading near an area of value. If there are buyers, the stock may break above this level. However, there is a potential overhead resistance near R367. Is the potential reward worth the risk?Longby Trend_Trader_JSE0
MNP - ShortJSE: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.Shortby RossLarter1
Mondi hit our profit target at R325.00Mondi hit our take profit at R325.00. We have been monitoring it and it's been forming a somewhat Rectangle Formation lately. I think once the box has formed and the price breaks out, we'll get out next trade entry. We are bullish still but out of the trade for now... Longby Timonrosso3
MONDI PLC - BULLISH HARAMIA bullish harami pattern has formed on JSE:MNP . A bullish harami pattern is a bottom reversal signal which signals a possible long position. With this morning's movement so far, the order has triggered. We are looking to reach a target at around the 342 level.Longby RossLarter2
Mondi, you shall not passJSE:MNP attempted to trade above the (declining) 200MA. The stock is back below the level. It's probably better to wait for the 200MA to flatten, then a breakout before one consider a long position.by Trend_Trader_JSE3
MONDI Strong W FormationMARKET: 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 tradeLongby Timonrosso3
MONDI - Long IdeaWhile sentiment has turned bullish, we will look for opportunities to trade the market up. Mondi was recently upgraded to overweight by Morgan Stanley. Take profit and stoploss on the char.Longby Trader-Dan1
$JSEMNP - MONDI - R230,15 The Bears' Target?Mondi's share price is still clearly under pressure. The decline from the all time high of R430,05 appears to be unfolding in a textbook impulse pattern. Wave 4 closed below R352,74 and the current decline is for the 5th and final wave down. The first support zone of interest is the previous reversal area at R230,15. I do not believe now is a good time to short nor a good time to buy yet.by Loyiso_BlaqueSoros_Mpeta3
MNP - Upward MomentumOn JSE:MNP , the stochastic, MACD and the two EMAs have all crossed upward, signaling a long position. If it continues up today, the position will be triggered.Longby RossLarter3
MNP: another leg down?Remains a risky trade! A bearish trend direction is applicable below 29500. Crossing above this level will change the trend to bullish. Strong downside price momentum supports the bearish trend direction. RSI is a concern, leaving some downside price potential. Strong trend remains intact according to the ADX. Shortby Peet_Serfontein3
Hammer at SupportA hammer candle has formed on JSE:MNP at a strong support level that goes all the way back to 2015/2016. I think it's possible for a bounce off of this level and a nice upward move from here.Longby RossLarter2
MONDI - 🌲🌳🌲🌳- Mondi has fallen victim to the Russia/Ukraine invasion. Price has fallen into the ambush zone of the last leg up and on the daily, printed a pinbar (possible greenshoots) Earnings is tomorrow so will be watching closely -- MANAGE YOUR RISK - - Disclaimer: All ideas are my opinion and should not be taken as financial advice. by Trader-Dan2
Mondi & RussiaRussia contributes around 12% of Mondi's revenue: Sanctions are going to hurt- We might get a bounce on their results, but until peace is restored and sanctions are lifted, I would be selling bounces.by RobbyP1
MNP - Long positionAll 3 of the momentum indicators on JSE:MNP have crossed, signaling a long position.Longby RossLarter113
@VillageTraderZA - Uptrend chanellThe up chanel has been building up on the right side of the 50 & 200 day EAMs Longby VillageTraderZA1
Mondi Plc: R388 Target HitMondi: R388 Target Hit. Now trading above R390. Original thesis was 'buy at pullback to 0.618% FIB'. Original entry 36890c (see attached). For more real-time insights and trade idea get in touch today. by LD_Perspectives111
Mondi PlcMondi has retraced to find support around it's 0.618% Fibonacci retracement level, with a close at 36890c (a two-day pullback from a high of 38500c around the 200-day SMA. Here's the criteria: We'd like to see the share consolidate at the current level or just below followed by a bullish reversal to emerge the 0.618% Fib zone. Stop: 36330c. Target: 38800c. This is a pre-market idea, thus I do not know where the share will trade at the open however I will monitor for an entry depending on the intraday price action/structure. On our client platform, the most recent long idea was 35999c on 11 October, from which we saw a consolidation followed by a rebound into 38900c. For more real-time insights and ideas, get in touch today. Longby LD_Perspectives1
Possible idea on $MNPPrice making this very C&H pattern here. 38600 is level too watch out for sellers. If the trend holds then there is a 1:5 R/R. As always manage your risk.Longby AcolyteTrader3
Possible idea on MNPPrice making this very C&H pattern here. 38600 is level too watch out for sellers. If the trend holds then there is a 1:5 R/R. As always manage your risk.Longby AcolyteTrader2
@VillageTraderZA - Cup and Handle Classic cup and handle on Mondi and a uqick short term tradeLongby VillageTraderZA1
Mondi (MNP) holding major supportMondi is currently trading in a 45 day bearish channel and has reached good lateral support area at the R356.00 level. A close above R363 could possibly signal a long position. *Disclaimer* - ideas shared in the above is for educational purposes only and IS NOT trading or financial advice. by T2TWELL2
Mondi Plc - Initially Retracing But Target Range Reached Mondi Plc - Retraced Initially But Target Range Reached. Continues to look healthy but short term traders could look to trim. by LD_Perspectives0